The Palace Hotel, Ajman - Holiday Group

Cheruvathur Chakutty ThampiInternational entrepreneur Cheruvathur Chakutty Thampi, is the founder,Chairman and Managing Director for Holiday Group and its subsidiaries. Thegroup has over 2,000 plus employees across Middle East, India and Europe.Born in the beautiful state of Kerala, India, in 1956, Mr. Thampi is an industrious,extraordinarily dynamic, self-made businessman. His passion for innovation& entrepreneurial ideas led him to explore several businesses opportunities,which led to carve out a niche & lucrative business empire.With a combined asset value in excess of $1bn, the Holiday Group has grownover the past 30 years into major international companies with the chairmantaking a hands-on approach and working relentlessly at the helm.In 1980’s, he established his fi rst major endeavor in United Arab Emirates wherehe founded Holiday Marine Services, that was involved in Ship chandellingbusiness, which subsequently diversifi ed into Duty Free, Liquor and Hydrocarbontrading business. The business success was attributed to the quality of productsand service offered, whilst providing the ease of doing business, which madeMr. Thampi led in a specialized & competitive market.In early part of the Millennium, Mr. Thampi ventured into the Hospitality businessby opening Nalukettu Restaurant, a Keralite Themed Restaurant, which wasone of its kinds at the time. In the latter years, the group ventured into Hotelsand Resorts, which offered state of the art guest experience.10Mr. Thampi, a passionate philanthropist, has established “CheruvathurFoundation” that owns and manages Thejus Engineering College, Kerala,India. The foundation provides moral and fi nancial support to the unprivilegedchildren and physically challenged individuals.11