THE MIDDLE EAST’S

97. Aloki Batra

Designation: CEO
Company: FIVE Hospitality; The Pacha Group
Residence: U.A.E.
Nationality: Indian
Sector: Hospitality

Batra has been at the helm of FIVE Hospitality—the hospitality arm of FIVE Holdings—since 2017. In 2023, FIVE Holdings acquired The Pacha Group in a deal worth $331.1 million. In Q1 2024, FIVE Hospitality recorded revenue growth of 9% worth $71.1 million, and FIVE Palm Jumeirah and FIVE Jumeirah Village recorded occupancy rates of 90% and 94%, respectively. FIVE Holding’s hospitality segment recorded revenue growth of 349% between 2019 and 2023.