Facebook Pixel REDEFINING LUXURY | Forbes Middle East - English - business - Les denne historien på Magzter.com
Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

REDEFINING LUXURY

Forbes Middle East - English

|

August 2025

Noelle Homsy and Chris Nader built luxury ecolodge brand ENVI Lodges to redefine what it means to travel luxuriously and responsibly in the experiential outdoor hospitality space. Now, as they move towards closing their third funding round, bigger plans are on the horizon.

- Noelle Homsy

REDEFINING LUXURY

While the GCC has long boasted of iconic skylines, sprawling luxury resorts, and international hotel brands, today's travelers are venturing beyond traditional hotspots and glittering cities in favor of authentic, purpose-driven experiences. While smaller than global segments, the Middle East and Africa's glamping market, valued at $58.3 million in 2024, is anticipated to grow at a CAGR of 8.2% annually through 2031, driven by rising demand for luxury camping in destinations like the U.A.E., South Africa, and Morocco, according to Cognitive Market Research.

Noelle Homsy and Chris Nader, cofounders of Dubai-based luxury experiential ecolodge management company, ENVI Lodges, are tapping into this growth by redefining luxury travel with nature-infused, sustainability-driven stays. The startup operates eco-friendly tented camps, lodges, and pods using an asset-light model, managing lodges on behalf of third-party owners rather than owning them directly. The majority of lodges in their inventory are 'green field,' according to the cofounders, meaning that they develop lodges owned by different investors from scratch based on ENVI Lodges' brand DNA and guidelines. They also take on and rebrand lodges already in operation.

ENVI Lodges has so far secured two funding rounds-in 2021 and 2022-from European, Saudi, and U.A.E. investors. A third round is currently underway, bringing the company's total funding to $5 million to date. Investor interest is coming from three main profiles: luxury operators diversifying into outdoor hospitality, family offices seeking to invest in ecolodge assets, and private equity funds specializing in niche hospitality brands, according to Nader.

FLERE HISTORIER FRA Forbes Middle East - English

Forbes Middle East - English

Forbes Middle East - English

CAPITAL IN TRANSITION

As Saudi Arabia diversifies beyond oil, capital is moving into new sectors. For Saudi billionaire Ajlan Abdulaziz Alajlan, Chairman of Ajlan & Bros Group, that shift is already shaping his strategy.

time to read

5 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

THE MIDDLE EAST'S MOST IMPACTFUL REAL ESTATE LEADERS 2026

Sajwani founded DAMAC Properties in 2002. In 2025, DAMAC reported $9.8 billion in sales.

time to read

2 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

The Youngest Arab Billionaire In 2026

Unlike developers who scale through long-term, phased masterplans, Abbas Sajwani, Founder and CEO of AHS Properties, focuses on acquiring, repositioning, and monetizing high-value assets in Dubai's ultra-luxury commercial and residential market.

time to read

2 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

THE WORLD'S RICHEST ARABS 2026

36 billionaires across seven countries, with a combined net worth of $137.3 billion

time to read

1 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

BUILDING BEYOND BRICKS

Waleed Mohammad Al Zaabi, founder and owner of Tiger Holding, has built skyscrapers across the Middle East and grown a business that now spans construction, real estate, hospitality, engineering, education, facilities management, and industrial services.

time to read

7 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

PLANNING BOLDLY, NAVIGATING MARKET SHIFTS

Ahmed Al Ammadi, CEO of Diyar Al Muharraq, is leading one of Bahrain's largest and most active master-planned communities-spanning 12 square kilometers-through shifting market dynamics and regional uncertainty.

time to read

6 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

TOP 10 CONSTRUCTION COMPANIES 2026

The Middle East's construction sector continues to expand, driven by major infrastructure and real estate projects. This year's list of The Middle East's Top 10 Construction Companies 2026 highlights firms with a strong track record of project execution, solid financial performance, and multi-billion-dollar project backlogs.

time to read

4 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

HOW CULTURE BECAME A CORE ASSET

With the $1 billion Grand Egyptian Museum opening, drawing an average of 19,000 visitors per day, it's clear that culture is no longer a decorative afterthought. As cities compete for capital, talent, and global relevance, it has become a core economic engine.

time to read

4 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

THE HUMAN BLUEPRINT BEHIND A LUXURY PROPERTY EMPIRE

Masih Imtiaz, CEO of family-run business Imtiaz Developments, defied Dubai's high-velocity real estate playbook by putting empathy at the center.

time to read

5 mins

April - May 2026 English Edition

Forbes Middle East - English

Forbes Middle East - English

The World's Celebrity Billionaires

From newcomer Roger Federer to Oprah Winfrey, here are the 22 athletes and entertainers who have translated their fame into ten-figure fortunes.

time to read

1 min

April - May 2026 English Edition

Listen

Translate

Share

-
+

Change font size