
Fairmont The Palm appoints two new directors
Fairmont The Palm has appointed Stavros Fassaris as the new Director of Food and Beverage and Dhaval Patel as director of revenue management.
Born and raised in Greece, Stavros brings over 15 years of international experience in high-end hospitality, with a career spanning Europe and the Middle East.
Growing up in Greece, where tourism and hospitality are pillars of the economy, Stavros first entered the industry during his student days.
A seasoned professional with deep roots in both hotel and standalone restaurant operations, Stavros began his leadership journey in 2011 as Bar Manager at The Westin Resort in Greece. Shortly after, he moved to the Middle East to join W Doha, where he took on the role of Assistant General Manager at the Spice Market. He later led Market by Jean-Georges for over two years. By 2015, he was promoted to Assistant Director of Food and Beverage, overseeing multiple venues and driving operational excellence across the hotel's dining portfolio.
Stavros relocated to Dubai in 2017 to lead BB Social Dining in DIFC as General Manager, where he spearheaded the pre-opening and development of one of the city's most celebrated dining spots. He then took on the role of Concept Developer for Hellenika in Saudi Arabia. Before joining Fairmont The Palm, Stavros returned to W Doha as Director of Food and Beverage, where he led a team of over 240 front-of-house colleagues across 11 venues, banquets, and catering units - delivering standout events including Formula 1, MotoGP, AFC Cup Hospitality, and WEB Summit Qatar.
His career is decorated with multiple industry accolades, including Best Newcomer Restaurant, Best European Contemporary, and Best Individual Restaurant Awards by Time Out, as well as Best Hotel Restaurant in the Middle East by Condé Nast. In 2024, Stavros was awarded the Ambassador of Excellence by Qatar Tourism during Hospitality Qatar, recognising his outstanding performance and high standards of excellence - an honour bestowed on the top Director of Food and Beverage in the country.
Dhaval Patel
With more than 15 years of global experience in luxury hospitality revenue strategy, Dhaval brings a data-driven mindset and a proven track record of commercial success to the leadership team.
Originally from India, Dhaval's hospitality journey began in 2008 with a management training role at The Delamar Greenwich Harbor. His passion for optimizing performance through analytical precision quickly propelled him into roles with industry-leading brands such as The Armani Hotel, Address Hotels & Resorts and JA Resorts. He later expanded his impact through senior revenue management roles at Marriott International and Hilton Corporate Office in Dubai.
In his most recent role as Revenue Lead at Hilton Worldwide, Dhaval oversaw strategy for flagship properties including Waldorf Astoria DIFC and Conrad Etihad Towers. He has been instrumental in driving market share growth and delivering record-breaking ADR performance, earning accolades such as the top ranking in RevPAR Index change across Hilton EMEA Luxury.
Dhaval holds an MBA in Hospitality Finance from Les Roches Swiss Hotel School, and combines his commercial acumen with a collaborative leadership style that develops high-performing teams and fosters innovation.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Trade Arabia
a day ago
- Trade Arabia
EDGE, FAB sign strategic deal to build resilient financial ecosystem
EDGE Group, one of the world's leading advanced technology and defence groups, has entered a strategic partnership with First Abu Dhabi Bank (FAB). The agreement covers two major financial initiatives: the implementation of FAB's advanced Supply Chain Finance (SCF) solution and the deployment of its AI-powered Treasury Management System (TMS). EDGE said its deployment of FAB's AI-powered TMS represents the largest to date. The solution delivers real-time cash visibility, advanced forecasting capabilities, and integrated risk management tools, enabling EDGE to automate treasury operations and optimise liquidity across the Group. The platform provides protection for interest rate risk and FX risk, while improving financial agility, investment planning, and funding, it stated. EDGE Managing Director and CEO Hamad Al Marar said: "Our partnership with FAB is a strategic enabler of our global industrial ambitions. It reinforces the financial architecture required to operate at scale, with speed and resilience. In an increasingly competitive and complex environment, this alignment ensures we remain agile, well-capitalised, and positioned for sustained international growth." Group Head of Wholesale Banking Martin Tricaud said: "FAB's partnership with EDGE marks a step forward in building a more resilient supplier ecosystem. We recognise that effective cashflow and supply chain finance are fundamental to sustainable business models. By combining our global expertise with innovative financial solutions, we are enhancing financial agility and enabling long-term value creation." "Through FAB's digital SCF solution, EDGE provides local and international suppliers access to early, low-cost financing, which enhances supplier trust, improves commercial terms, and ensures continuity across critical operations," he added. Group Chief Financial Officer Rodrigo Torres said: "This partnership reflects EDGE's commitment to embedding financial sophistication and innovation at the core of our operations. By integrating FAB's advanced SCF and AI-powered TMS platforms, we are optimising liquidity and supplier performance while also reinforcing our ability to manage risk and scale with confidence." Torres, said to date, over AED1.6 billion in invoices have been processed, unlocking more than AED1.2 billion in off-balance sheet financing.


Trade Arabia
a day ago
- Trade Arabia
ADNOC Distribution achieves major ESG milestones
ADNOC Distribution recently released its 2024 ESG Report, one of the most ambitious sustainability disclosures from the region's mobility and retail fuel sector to date. The report underscores ADNOC Distribution's journey from a traditional fuel retailer into a sustainability-driven mobility and convenience leader. Some standout achievements include: • 100% of UAE fleet now operates on B20 biofuels, reducing 1,468 tCO₂e annually • 100% renewable energy powers the E2GO EV charging network • Over 5.8 million bottles recycled via Reverse Vending Machines in 2024 • 25,000+ mangroves planted in 2024, which are "adoptable" by loyalty customers through the ADNOC Distribution app • 220 fast and super-fast EV chargers installed as of the end of 2024 - a 4x year-on-year increase - with ADNOC Distribution on-track to have 300 installed across the E2GO network by the end of 2025 • 5,083 MWh of solar energy generated from 31 solar photovoltaic (PV) - equipped stations • Recognition for ESG leadership by Bloomberg, FTSE, S&P Global, London Stock Exchange Group, and MSCI • 62% Emiratization rate, with significant investment in youth and women empowerment The report also highlights ADNOC Distribution's commitment to ESG governance, with the creation of a board-level ESG Subcommittee and achievement of key KPIs under its AED5.5 billion sustainability-linked loan.


Trade Arabia
a day ago
- Trade Arabia
DLD achieves key milestone with tokenised real estate sell-out
Dubai Land Department (DLD) has announced that its second tokenised project on the 'Prypco Mint' platform was fully funded in a record-breaking one minute and 58 seconds, attracting 149 investors from 35 nationalities. This unprecedented demand pushed the waiting list to over 10,700 investors, reflecting rising confidence and strong interest in digital real estate ownership solutions across the emirate, said DLD in a statement. By enabling investors to purchase shares in ready properties through seamless and cost-effective mechanisms, Prypco Mint is setting new standards for market accessibility. As the platform expands its projects and partnerships, it is helping to shape a future where tokenised assets are expected to become a central part of Dubai's property market by 2033, it stated. Amid this momentum, DLD has called upon interested individuals to register early and set up their accounts to take advantage of upcoming offerings before they get sold out. This ongoing success underscores the effectiveness of the platform, which is officially accredited under DLD's Property Tokenisation Initiative, it added.