Trilight stands for focused, value-driven hospitality asset management designed exclusively around the interests of hotel owners.

Trilight is a dedicated hospitality asset management company with a singular mission: to protect and champion the owner's interest at every stage of the asset lifecycle. Leveraging over three decades of proven expertise - and a legacy of leadership in mixed-use and branded developments, Trilight goes beyond traditional asset management to create sustainable, long-term value for ownership groups.

Our incentive-aligned model ensures that every strategy we craft, every decision we drive, and every action we take is relentlessly focused on maximizing owner value and asset’s performance. Trilight is part of the global conglomerate Al-Bahar Group. The group comprises of listed and unlisted companies in multiple sectors across Europe, the USA, the Middle East and beyond.

Under the leadership of Talal Al-Bahar, the group has diversified into a portfolio of over 200 companies, maintaining a strong presence across financial services, real estate, insurance, and food sectors, while continuing to expand its reach through strategic investments and subsidiaries.

AL- BAHAR GROUP - HOSPITALITY TEAM

At Trilight, we bring together a stellar team with deep, diverse expertise across the global hospitality landscape. With backgrounds in asset management, investment, development, brand strategy, and operations, each member contributes a distinct perspective grounded in decades of real-world experience. Strategic thinking meets real-world execution, with every decision shaped by experience, precision, and an unwavering focus on the owner’s priorities.

Tariq Dalloul
Tariq Dalloul

Executive Vice President Development

Bhavika Ramchandani
Bhavika Ramchandani

Asset And Feasibility Manager

Ather Khan
Ather Khan

Senior Asset Manager

Joao Cravo
Joao Cravo

Vice President Of Asset Management

Carlos Leal
Carlos Leal

Chief Executive Officer

1985
MILESTONES

UIP
Hotel investment company created in Portugal

1985 Image
1992
MILESTONES

PINE CLIFFS HOTEL
A Luxury Collection Resort by Marriott Algarve, Portugal Opening

1992 Image
1997
MILESTONES

PINE CLIFFS VACATION CLUB
Algarve, Portugal Opening

1997 Image
2000
MILESTONES

PINE CLIFFS SUITES
Algarve, Portugal Opening

2000 Image
2004
MILESTONES

PINE CLIFF GOLF SUITES
Algarve, Portugal Opening

2004 Image
2008
MILESTONES

PINE CLIFFS RESIDENCES
A Luxury Collection Resort by Marriott Algarve, Portugal Opening

2008 Image
2013
MILESTONES

FAIRMONT THE PALM
Dubai, UAE Opening

MÖVENPICK JUMEIRAH LAKES TOWERS
Dubai, UAE Opening

RIVA BEACH CLUB
Dubai, UAE Opening

2013 Image
2016
MILESTONES

PINE CLIFFS GARDENS
Algarve, Portugal Opening

SERENITY THE ART OF WELL BEING
Pine Cliffs Hotel, Algarve, Portugal Opening

SHERATON CASCAIS RESORT
Cascais, Portugal Opening

SERENITY THE ART OF WELL BEING
Sheraton Cascais, Portugal Opening

PINE CLIFFS OCEAN SUITES
A Luxury Collection Resort by Marriott Algarve, Portugal Opening

2016 Image
2018
MILESTONES

PINE CLIFFS GARDENS
Algarve, Portugal Opening

2018 Image
2021
MILESTONES

TH8 HOUSE OF ORIGINALS RESORT
Palm Jumeirah, Dubai, UAE Opening first operated by Accor, then converted in 2023 to Vignette Collection by IHG.

2021 Image
2022
MILESTONES

HYATT REGENCY LISBOA
Lisbon, Portugal Opening

SERENITY THE ART OF WELL BEING
Hyatt Regency Lisbon, Portugal Opening

WYNDHAM RESIDENCES THE PALM
Palm Jumeirah, Dubai, UAE Onboarding

2022 Image
2023
MILESTONES
TH8 PALM DUBAI BEACH RESORT
Vignette Collection by IHG Palm Jumeirah, Dubai, UAE Onboarding
2023 Image
2024
MILESTONES

ARABELLA BEACH HOTEL KUWAIT
Vignette Collection by IHG Salwa, Kuwait City Opening

SERENITY THE ART OF WELL BEING
Fairmont The Palm, Palm Jumeirah, Dubai, UAE Opening

BESPOKE RESIDENCES & HOLIDAY HOMES
Dubai, UAE Onboarding

VOCO BONNINGTON JUMEIRAH LAKES TOWERS
Dubai, UAE Onboarding

2024 Image
2025
MILESTONES
JV CREATION AND REBRANDING OF TRILIGHT
2025 Image

Next Steps

LET’S BEGIN

We invite you to share an NDA so we may engage in full transparency, including a site visit, detailed review, and a tailored proposal. Our response will outline our service scope, commercial terms, and key areas where value can be unlocked. Whether you’re seeking clarity, exploring options, or preparing for transformation, we are ready to support you with precision and full alignment.


Trilight Hospitality Asset Management – Middle East

Ground Floor Commercial Offices, The North Residences, Palm Jumeirah, PO Box 502164, Dubai, UAE

Trilight Hospitality Asset Management – Europe

Rua da Junqueira, n° 65, 1300-343, Lisboa, Portugal