Holiday Swap Group Announces Major Shareholding of H.H.Sheikh Juma Ahmed Juma Al Maktoum through Elite Partner Investment

·5 min read

H.H.Sheikh Juma Ahmed Juma Al Maktoum will enhance board's focus on strategic decisions

DUBAI, UAE / ACCESSWIRE /January 25, 2022 / Holiday Swap Group - the world's largest home exchange platform, operating in 184 countries - today announced the major shareholding of His Highness Sheikh Juma Ahmed Juma Al Maktoum and new appointments on the Board of Directors.

His Highness joined Holiday Swap as a substantial investor through Elite Partner Investment LLC in April 2020 and has been instrumental in supporting the platform growth by over 40% globally during the last 18 months. An accomplished businessman, His Highness is a Member of the Ruling Family in Dubai and has closely aligned his vision with the Ruler of Dubai to put the UAE on the global map through commercial and philanthropic projects. Elite Partner Investment is a UAE based investment management company with interests in technology, mining, real estate and energy chaired by His Highness, a major shareholder of the same company.

Holiday Swap founder and Chief Executive Officer, James Asquith states:

"His Highness Sheikh Juma Ahmed Juma Al Maktoum's proven history of visionary leadership and commercial achievements not only in Dubai but around the world, illustrates the magnitude of his highnesses importance within the company for our continued global growth."

In this key role for Holiday Swap Group, his highness will be involved in strategic decisions for the management group providing leadership to the board and setting the tone for company culture of sustainability and global access that marks an exciting new chapter for the world's largest home exchange platform.

"My investment into Holiday Swap is my commitment to backing disruptive technology that will change the world, with Dubai as a focal hub to facilitate this. My vision is to turn Holiday Swap into a true global leader when it comes to opening up more accessible and affordable travel experiences across the world. Expanding the market share and gaining trust around the world is the backbone for my vision and my efforts in the months and years to come," HH Sheikh Juma Ahmed Juma Al Maktoum comments.

"Our whole team is looking forward to working more closely with his highness and Elite Partner Investment to ensure our platform continues to offer more affordable travel options for our users around the world and bring people together that may have not been able to previously travel.", said Asquith.

Dubai has continued to become a global hub of development and is important for Holiday Swap's aspirations in the region and beyond. Quoting HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai - "Over the past 50 years, we started from the desert of our land to the desert of Mars. Our dreams will be even bigger for the next 50 years.

"Our vision is clear, our road is paved and the clock is ticking. There is no time for hesitation or half-baked goals or solutions. Development is an ongoing process and the race for excellence has no finish line."

With the announcement comes the appointment of Mr Furqan Rassul and Mrs Ayesha Alkobaisi to the Board of Directors at Holiday Swap Group.

Rassul is a UAE based businessman, entrepreneur, investor and philanthropist. Rassul and his family are active in a variety of sectors including mining, real estate, energy production, and hospitality across the globe. He also advises and works closely with several members of the Ruling family of Dubai especially with their expansion strategies and interests outside the UAE. He is board member and senior executive at Elite Partner Investment LLC and aids in expansion strategies and identification of strategic partners that will help in future diversification.

Alkobaisi is the first Emirati woman to be appointed as the UAE Commercial Attaché to China. She is responsible for strengthening the bilateral trade relationship between the UAE- and China and is an expert in the UAE business environment. Previously she was the Director of International Organizations and Trade Policies in the UAE Ministry of Economy.

His Highness Sheikh Juma Ahmed Juma Al Maktoum joined Holiday Swap Group as a shareholder through his Dubai based investment vehicle , Elite Partner Investment LLC. Asquith said "the whole team at Elite have been a key pillar of support for Holiday Swap's growth not just in the GCC but globally over the past 18 months, and we are thoroughly looking forward to continuing our relationship together as the company continues to positively impact users around the world."

About Holiday Swap Group

Holiday Swap is a multi-award winning home exchange platform operating in 184 countries around the world. The app allows users to swap their places with others around the world, significantly reducing one of the largest costs of travel which is accommodation.

You can also just host, or stay at someone else's place. Holiday Swap makes it easy to make social connections worldwide.

The company also advocates and strictly adheres to COVID-19 protection guidelines to ensure safety for all travellers. It features a travel cancellation ambition and COVID-19 protection plan in every home swap between it's users. Holiday Swap is an unconventional solution that provides a highly affordable accommodation option for travellers. The app features to deliver an outstanding user experience, such as a chat interface, interactive maps, search and ranking, an intelligent matching system, and a collection of other features.

Holiday Swap is disrupting the travel industry and changing how people travel. With the way things are going now, the company is poised to grow exponentially through the years. In the near future, the company envisions having over 50 million users in every country by continuously helping innovate the travel industry through social and practical endeavors.

Learn more about Holiday Swap by visiting their website.

Contact Details:

Andy McGinlay
andy@holidayswap.com
www.holidayswap.com

SOURCE: HolidaySwap



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