Tag Archives: King Abdullah Financial District

The Ascott Limited (Ascott), the world’s largest serviced residence owner-operator, is strengthening its presence in Saudi Arabia with the opening of its latest luxury executive residence, Ascott Rafal Olaya Riyadh. The 234-apartment luxury executive residence opened on March 12, 2017 in the financial heart of KSA’s capital. The exclusive serviced residence will provide guests with luxurious lifestyle facilities, within an elegant environment and complete with efficient business support services. With a soft opening scheduled for March, Ascott Rafal Olaya Riyadh is an ideal choice for short, medium and long-term visitors who want the luxury of an internationally-branded hotel, with the flexibility and privacy of an apartment. The property is located close to King Abdullah Financial District – the city’s prime financial centre – and 15 minutes’ drive from Riyadh King Khalid International Airport, making it highly convenient for business travellers. The onsite business centre ensures executives have everything they require, from meeting rooms and AV equipment to secretarial and courier services. Additional facilities include a residents’ lounge, prayer rooms, boutiques and a selection of restaurants and cafes. There is also an outdoor terrace, swimming pool, gymnasium, steam and sauna room, separate day spas for men and women and a children’s playroom. “We are delighted to welcome guests to Ascott Rafal Olaya Riyadh, our first serviced residence to open in the Saudi capital,” says Vincent Miccolis, Ascott’s Country General Manager, Middle East & Turkey. “The Ascott brand is renowned for providing attentive and highly personalised service which is exactly what travellers need to enjoy a hassle-free stay in this busy and dynamic city.”

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