Category Archives: Hotels

Dur Hospitality and Smart Zone Real Estate Company announce JV to Develop and Operate a Hotel in Riyadh

Dur Hospitality has announced signing a partnership agreement with Smart Zone Real Estate Company. The agreement aims to set up a Limited Liability Company (The Project Company) to construct and operate an innovative hotel in Riyadh. As per the agreement, The Project Company will develop and operate the first full-fledged smart hotel in the Kingdom. The Project Company’s capital will be contributed according to the ownership percentage of each party. Commenting on this milestone, Mr. Feras Albanyan CEO of AQALAT stated: “We are excited to partner on this project with Dur Hospitality, one of the leading national companies in hotel development and operation in the Kingdom.” For his part, Dur Hospitality CEO Mr. Sultan Al-Otaibi stated, “Dur has diligently worked on the studies required to set up The Project Company which will embody Dur’s strategic expansion roadmap and its role in the Saudi hospitality’s digital transformation journey. The hotel will embrace next-generation technologies with ultra-modern digital designs, in line with the top international standards. This JV supports Dur Hospitality’s direction to expand strategic partnerships with leading institutions in the Kingdom to develop top-notch hotels and increase the contribution of the tourism sector to the Kingdom’s GDP, in line with Saudi Vision 2030. Dur is very happy to join hands with Smart Zone Real Estate Company to develop this outstanding project.” The two parties signed an MOU in October 2022, followed by the preparatory studies for the establishment of The Project Company to develop and operate a state-of-the-art hotel in the Kingdom.

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Rotana signs four Edge by Rotana properties and one Rayhaan by Rotana property in KSA in partnership with Memar Development & Investment at the Future Hospitality Summit, Riyadh

Rotana announced its ambitious pipeline across the Kingdom of Saudi Arabia at the Future Hospitality Summit (FHS) 2023, signing four “Edge by Rotana” and one “Rayhaan by Rotana” property in partnership with Memar Development & Investment, a leading real estate development company specialized in the hospitality development guided by the motto “Developing to enhance life”. Guy Hutchinson, President & CEO of Rotana, and Eng. Abdulaziz Al Meqren, CEO of Memar Development & Investment, were both present at the official signing of the agreement at FHS’s Global Stage on Tuesday, 9 May 2023. Commenting on the partnership, Hutchinson said: “Saudi Arabia presents one of the fastest-growing markets in the region, increasingly establishing itself as a leading tourist destination. These new properties located in the heart of Riyadh include a mix of hotels and serviced apartments, offering our guests diverse options to suit their varying needs. We are excited to partner with Memar Development & Investment on this project as we work together to deliver on Rotana’s singular brand promise of delivering ‘Treasured Time’ for all our guests.” The five new Riyadh properties will add 618 keys to Rotana’s growing portfolio. This is in line with the group’s target of adding triple the number of rooms it currently runs in the Kingdom to 6,000 over the next four years. The new Edge by Rotana properties will be interconnected, operating in synergy to ensure efficient workflow and deliver the ultimate guest experience. The properties will offer guests a range of dining options as well as recreational facilities such as pools, gyms, treatments rooms and more. Eng. Abdulaziz Al Meqren, CEO of Memar Development & Investment added “We are pleased to sign today with …

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Saudi Arabia’s Tourism Development Fund signs financing agreement with Golden Frond to develop five-star eco-lodge in Al-Ahsa Oasis

KSA’s Tourism Development Fund (TDF) announced the signing of a financing agreement with Golden Frond Hotel Services Company, a subsidiary company of the Afyaa Group to develop the ENVI Al Nakheel ecolodge in Al-Ahsa Oasis. The agreement demonstrates the commitment of both parties to advance sustainable tourism development, in line with the objectives of KSA’s National Tourism Strategy and the Kingdom’s Vision 2030. The announcement of this agreement coincided with the FHS Future Hospitality Summit held in Riyadh from May 7 to May 9, 2023. The Al-Ahsa region is one of the targeted tourist destinations and home to one of the largest oases in the world. It is the first site in the region to be registered on the UNESCO World Heritage List because of its rich archaeological features, which show evidence of human settlement in the region since the Neolithic era. These historical attractions make Al Ahsa the ideal location to create tourism facilities where visitors can enjoy its beauty and charm. The Future Hospitality Summit witnesses the participation of a number of senior government figures, officials from the tourism and hospitality industry, as well as prominent developers, investors, hotel owners and operators, to discuss prospects for the growth and development of the tourism and hospitality sector in the Kingdom. The agreement ratifies the importance of the Al-Ahsa region, which is one of the ten targeted tourist destinations. ENVI Al Nakheel will provide 25 lodging pods consisting of one- and two-bedroom units. The destination will also include several facilities such as farm-to-table dining, spa, local arts & crafts, and a selection of unique activities. The lodge will be operated by ENVI Lodges – the eco-friendly, premium quality luxury lodge …

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Accor announces collaboration with Rua Al Madinah Holding in Madinah, Saudi Arabia

Accor plans to open three properties in the upcoming project by Rua Al Madinah Holding Company in Madinah, Kingdom of Saudi Arabia. The project includes a 142-key Fairmont hotel and 120 Fairmont branded residences, in addition to a 466-key Swissôtel and a 328-key Novotel. The Group is collaborating with Rua Al Madinah Holding Company, a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF). The company undertakes holistic development projects that feature modern urban planning to elevate the experience for visitors from around the world and enhance the quality of life for the residents of Madinah. Rua Al Madinah project is aimed at transforming the city into a modern Islamic and cultural destination. Rua Al Madinah Project’s master plan covers over 1.5 million square meters of space with direct views of Al Masjid al Nabawi, known as the Prophet’s Mosque, and will include 47,000 hotel rooms, with the master plan constituting 63% of open spaces and 37% of built area. The project has been designed according to the highest international standards and offers many integrated transportation solutions, including nine bus stops for visitors and underground parking. Duncan O’Rourke, CEO Middle East, Africa, Turkey & Asia-Pacific for Premium, Midscale & Economy brands at Accor mentioned: “We are very proud to sign the first Swissôtel property and strengthen our Novotel offering in the Holy city of Madinah. Through these signings our primary goal is to support the diverse offering at the master development of Rua Al Madinah, while continuing a long-term relationship with PIF and accordingly Rua Al Madinah Holding Company.” Since the announcement of the Saudi Arabia Vision 2030, Accor has played a key role in the development of tourism, …

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Four Seasons continues its ME expansion with island resort on Sindalah in NEOM, KSA

Four Seasons Hotels and Resorts announced plans for a new luxury resort as part of the NEOM master project, located on Sindalah Island. Extending over an area of approximately 840,000 square metres (9,041,684 square feet), Sindalah is one of a group of islands in the Red Sea that will be developed in NEOM, each according to its unique vision and design. In addition to the upcoming Four Seasons resort, Sindalah will be home to a luxury marina and yacht club, 9-hole golf course with 18 pin experiences, and several dining destinations. It will also host sophisticated cultural events, grand sporting spectacles and glamorous social celebrations throughout the year. “Four Seasons upcoming resort in NEOM will be a one-of-a-kind project, blending the natural wonders of the Red Sea with the future-forward technologies on which this new, exciting destination is being built,” says Bart Carnahan, President, Global Business Development and Portfolio Management, Four Seasons Hotels and Resorts. “We are proud to be part of the ambitious vision that our partners at NEOM have for transforming the future of hospitality in the region and look forward to welcoming guests to discover a new part of the Kingdom.” The Resort will feature 225 guest rooms and suites with terraces overlooking the beaches of the Red Sea, as well as 52 villas with one to four-bedroom configurations with plunge pools and beach views, and with the Presidential and Royal Villas offering private swimming pools, gyms and access to private yacht docks. The Resort architecture is being led by LUCA DINI Design & Architecture, with interiors for guest rooms and public areas by RBTA and LW Design respectively. “Sindalah follows NEOM’s vision and purpose of mitigating …

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IHG Hotels & Resorts signs MOU with the Saudi Tourism Authority to accelerate growth of tourism sector in the Kingdom

IHG Hotels & Resorts signed a Memorandum of Understanding (MOU) with the Saudi Tourism Authority (STA). The MOU provides a framework for both entities to explore methods to increase inbound visitation to Saudi Arabia from key markets across Middle East and Africa region. This includes developing customised promotions, joint marketing campaigns, and promotion through loyalty programs which will showcase Saudi Arabia as one of the world’s most exciting destination to an international audience. The MOU was signed at the Saudi pavilion at the Arabian Travel Market 2023 held in Dubai, by James Britchford, Vice President Commercial at IHG for India, Middle East and Africa, and Munirah Abanomy, Head of Marketing Partnership for Middle East & Africaat Saudi Tourism Authority. With Saudi Arabia targeting 100 million visitors by 2030, the Kingdom is a priority market for IHG Hotels & Resorts in the Middle East. The hospitality group aims to support the tourism sector in the country by growing the footprint of its existing brands, as well as introducing new brands from its global portfolio, in addition to running campaigns to promote various destinations within the country. IHG also plans to further support the Kingdom’s economic Vision by investing in developing Saudi talent in the Kingdom, with an ambition to hire 6,000 nationals across it’s growing portfolio by 2030. James Britchford, Vice President, Commercial, India, Middle East & Africa, IHG Hotels & Resorts said: “As a reflection of our commitment to support the growth of the tourism industry within the Kingdom, we are delighted to sign a Memorandum of Understanding with the Saudi Tourism Authority. Collaborations with key government entities, such as the STA, enable us to position and promote attractive destinations …

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Investing in Change: 100+ speakers, including industry titans and top visionaries to address hospitality investors at FHS Saudi Arabia

Bringing together government leaders, hotel investors, owners, developers and operators at what is set to be the biggest Future Hospitality Summit (FHS) to date, FHS Saudi Arabia kicked off on Sunday at the Al Faisaliah Hotel in Riyadh. Launched in partnership with Saudi Arabia’s G20 Secretariat in 2020, FHS Saudi Arabia is the most influential hospitality investment conference for industry leaders and senior decision-makers in the hospitality industry of Saudi Arabia and beyond. This will be the sixth industry conference organized by The Bench for the Saudi market. “We are thrilled to be back in Riyadh in May following the overwhelming success of our sold-out 2022 edition, and we’re delighted to be in a new and larger venue this year thanks to our host sponsors Al Khozama Investment Company and Al Faisaliah Hotel,” said Jonathan Worsley, Chairman of The Bench. “The demand for our hospitality events in Saudi Arabia continues to grow and with the Kingdom named as the fastest expanding tourism industry within the G20 countries in the UNWTO Tourism Barometer, there will be so much to share about tourism and hospitality investment and development at FHS Saudi Arabia this year.” This year’s conference theme, ‘ Invest in Change’ , highlights the importance of the positive change that can be brought forward through the investment in time, intellect and expertise in the hospitality industry to keep up with changing times and trends to better shape the future of the industry. The action-packed three-day conference agenda will include tracks from the Global Restaurant Investment Forum (GRIF) and will have a strong focus on sustainability, innovation, start-ups and human capital development. “Delegates will have over 50 opportunities to network, learn and …

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IHG debuts Kimpton in the Middle East with a signing in Saudi Arabia’s KAFD

IHG Hotels & Resorts signed a management agreement with The King Abdullah Financial District Management and Development Company (KAFD DMC), a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), to bring the first Kimpton hotel in the region to Riyadh, Saudi Arabia. Offering guests a personalized luxury experience, the Kimpton brand has a heartfelt approach to hospitality that has translated to unique, design-led hotels across the globe. The new Kimpton Riyadh will join existing Kimpton properties across countries including the United States, France and Scotland. With doors set to open in June 2024, the 212-key Kimpton Riyadh will mark the first foray of the luxury brand in the region. The debut comes as part of IHG’s ongoing growth strategy, aligned with the objectives of Crown Prince Mohammed Bin Salman’s Vision 2030 tourism objectives, to cater to a growing number of guests in the Kingdom who seek unique luxury experiences. In acknowledgement of the new trend towards blended travel, KAFD offers entertainment and retail, alongside its commercial office space and hospitality offerings.  The Kimpton Riyadh will be a new-build property in the heart of KAFD, Saudi Arabia’s prime business and lifestyle destination, making it a key destination hotel for the discerning business traveller.  However, in acknowledgement of the new trend towards blended travel, the hotel will also cater to those who seek a lifestyle element to their stay. Set in the heart of the Saudi capital Riyadh, 22-kilometers away from the airport, KAFD is home to 1.6 million square meters of state-of-the-art office space, world-class venues and iconic luxury residences, designed to transform the way urban communities live, work, and play. A landmark development, KAFD is a key driver of Riyadh’s …

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Big data is transforming hospitality for the better but human intervention remains crucial to achieving genuine value, say experts at ATM 2023

Big data is having a transformative effect on hospitality across the Middle East and beyond. However, leading hoteliers speaking on the opening day of Arabian Travel Market (ATM) 2023, which will run at Dubai World Trade Centre (DWTC) until Thursday 4 May, emphasised that human intervention remains essential if owners and operators wish to derive genuine value from the information being gathered. ‘Hospitality Debate: What More Can Big Data Unlock?’ featured a range of expert insights into the power of data to improve guest experiences within the Middle East’s hospitality sector. Moderated by Paul Clifford, Group Editor – Hospitality & Design at ITP Media Group, the session saw Chris Hartley, CEO of Global Hotel Alliance; Tommy Lai, Chief Executive Officer at General Hotel Management Pte Ltd; Sandeep Walia, Chief Operations Officer – Middle East at Marriott; and Nicolas Huss, CEO of Hotelbeds, take to the ATM Global Stage to share their views. Commenting on advancements in the hospitality sector’s data capabilities over the past decade, General Hotel Management Pte Ltd’s Lai said: “It used to be you’d need a lot of people for analysis, but now, you can collect data and AI will decipher it for you. Big data and AI are evening the playing field between small groups and larger brands.” Speaking on the importance of interpretation, Marriott’s Walia said: “This technology can help guests to narrow down the hotels they would like to stay in,” noting that big data – when used in combination with AI – can help to identify the best options for customers. “But ultimately, guests have to connect with us to make the booking, so the balance between AI and the human touch is …

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Amsa Hospitality signs strategic partnership with Accor to bring 18 hotels to Saudi Arabia by 2032

Accor signed a master development agreement with Amsa Hospitality, the Saudi startup company redefining Arabian hospitality in both local and international markets, to develop and franchise 18 hotels across second-tier cities within Saudi Arabia over the next ten years. The agreement will see Amsa Hospitality, the Hallmark of Arabian Hospitality, develop a range of Accor’s economy and midscale brands, including ibis Styles, Mercure, Mercure Living, Novotel, Novotel Living, and the recently launched Handwritten Collection, while also acting as the third-party operator by leasing and franchising the assets. Speaking at a press conference at Arabian Travel Market, Mohammad Alathel, Amsa Hospitality’s Chief Executive Officer, said: “Amsa Hospitality is committed to the Kingdom of Saudi Arabia’s Vision 2030 success, a vision that set the path for our development locally, regionally and globally. “As such, we are attached to the Kingdom’s ambitious plan for the development of the country’s second-tier cities. Such an enterprising strategy must be accompanied by quality hospitality, offering the best international standards. “Committed as we are, we believe that Accor is the finest hospitality company to deliver the high level of guaranteed quality we are looking for, together with their wide choice of brands, giving us the ability to propose the optimum hospitality regarding each city environment. “This long-term partnership between Amsa Hospitality and Accor will bring first-rate modern hospitality – a know-how Accor is renowned for – together with Amsa Hospitality’s commitment to bringing centuries-old Arabian traditions of welcoming and generosity to today’s world, true to our ‘Hallmark of Arabian Hospitality’ motto.” As part of the agreement, Amsa Hospitality will be responsible for hotels in several cities in Saudi Arabia, including Ha’il, Jubail, Taif, Al-Ula, Tabuk and Jazan, …

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