tlantic Hotels Group was formed in 1999 by two brothers, Salim and Perry Molubhoy. The brothers share a unique entrepreneurial style of hospitality and service that has enabled them to be one of the most successful creators of an original hotel model. Their portfolio is now considered the pinnacle of the hospitality industry.
In 2000, Perry and Salim built their first hotel, a 79-room Holiday Inn Express & Suites off of the Dallas Tollway and Parker Road in Plano, TX. In 2006, the Molubhoys designed a 1940’s Hollywood-themed Holiday Inn Express, located at Twin Creeks in Allen, TX. Well-exceeding industry benchmarks, and unique in nature, Intercontinental Hotels Group (IHG) was proud to announce the addition of this one-of-a-kind hotel to the franchise. Since the initial flagship hotels, the Molubhoy brothers have added several contemporary-themed hotels that have put Atlantic on the hotelier map, including; a Holiday Inn Express and Towneplace Suites in DeSoto, a Staybridge Suites in Irving, and a premier benchmark Holiday Inn Express & Suites near the Galleria Mall in Dallas. Combining one brother’s sense of style and the others sense of operation, Atlantic Hotels, Inc. became internationally renowned.
Today the brothers are diligently working on various projects, including the construction of new buildings as well as developing their own management company, Atlantic Hotels Management, Ltd.
Salim and Perry have worked to build a shared mission, vision, and core values. Their mission is to serve with excellence; their vision is to be the Hoteliers of the Century, namely to become the name in the best places to stay, invest, and work; and their values are to provide uncompromising integrity, respect, teamwork, trust, quality, and innovation.
Atlantic is in the business of creating, posturing, and developing the most original posh hotels, at an affordable price. Building on reputation and word of mouth is what drives Atlantic to success. It is through the integration of disciplined planning, methodical thinking, and the experience and expertise of the brothers and their team, that will result in extensive and innovative services.
Atlantic Hotels Group, Ltd. is currently operating franchise licenses with Intercontinental Hotels Group (IHG), and Marriot brands, internationally two of the most recognizable and respected hotel brands. Since its inception in late 2000, Atlantic Hotels Group, Ltd. has grown three-fold with a current net worth of $100 million and employing over 120 people. AHG is anticipated to grow 30-35% annually in respect to revenue and new development.