Mohari Hospitality celebrates the opening of its new head office in Cyprus

Mohari Hospitality celebrates the opening of its new head office in Cyprus

Mohari Hospitality, a global investment company focused on the luxury hospitality sector, recently opened its new global head office in Nicosia, Cyprus. 

Mohari was founded by entrepreneurial investor Mark Scheinberg in 2017 and in the following five years has substantially grown its portfolio with investments in the United States, Canada, Costa Rica, Spain and Italy. To support the increasing scale of its new investments and partnerships across the world, Mohari has opened a head office in Nicosia. 

Iosif Iosifides, Chief Operations Officer at Mohari Hospitality, said: “We are delighted to have opened a new head office in Nicosia that reflects the modernity, ambition and sustainable commitment of our business. The new office will enable our Cyprus-based team to grow and support the increasing scale of Mohari’s global operations. We look forward to welcoming new team members in Cyprus and to continue doing our bit for society by supporting local philanthropic projects.”

Mohari seeks to protect the cultural heritage and natural environments of the areas where it does business and is committed to identifying and contributing to local philanthropic projects to address the issues that matter most to its communities. In Cyprus, Mohari is supporting:

Sistema Cyprus, a social-music orchestra programme that provides accessible music education to children and young people living in challenging circumstances in Cyprus. With Mohari’s support, Sistema Cyprus will have greater security and stability with a new permanent home in Nicosia for rehearsals, classes and an office. The new home of Sistema Cyprus allows hundreds of children to spend time playing music and socialising in a safe space. In 2022, Mohari is also supporting the creation of Sistema Cyprus’ second symphony orchestra in Nicosia, thereby increasing opportunities for eighty more children in Cyprus. 

Cyprus Seeds, a non-profit organisation with the mission to support the commercialisation of innovative academic research in Cyprus. Cyprus Seeds offers a 12 to 24 month programme to a small number of scientific teams whose projects provide breakthrough solutions to world problems. Mohari is funding some of these scientists’ projects through the programme and its employees will also get the opportunity to participate in workshops and mentor participants of the programme.