Tag Archives: Naif Alrajhi investments

Accor and Naif Alrajhi Investment announced the signing of the first TRIBE and TRIBE Living addresses in Saudi Arabia within King Salman Park project. TRIBE Riyadh King Salman Park -The new-build property will feature 250 rooms, two restaurants, including a rooftop dining experience, alongside adaptable meetings facilities and banquet hall. Guests will enjoy wellness-focused amenities, including a state-of-the-art gym and swimming pool, designed to offer both comfort and inspiration for all travelers. This milestone reflects both TRIBE’s ambitious global expansion and the Saudi Vision 2030 to create vibrant urban spaces that inspire residents and visitors alike. This follows the King Salman Park Foundation’s announcement last year to develop the first real estate investment plot within King Salman Park, in partnership with Naif Alrajhi Investment. This agreement reinforces the strong and growing partnership between Accor and Naif Alrajhi Investment following the successful launch of Fairmont Ramla Serviced Residences last year. TRIBE is redefining modern hospitality with its bold, design-led approach that offers everything guests need and nothing they don’t. The brand delivers intelligently crafted spaces that are unapologetically modern, stylish, and accessible – perfect for the new generation of travelers seeking comfort, functionality, and affordability in a connected and contemporary setting. Situated in King Salman Park, one of the world’s largest urban parks, Package 1, spans an impressive 290,000 square metres. This project represents the first mixed-use development in the park to be developed in partnership with Naif Alrajhi Investment and will include residential units, commercial offices, retail spaces, restaurants, a school, hotel, community facilities, and public spaces. Strategically positioned near key park attractions such as the Royal Arts Complex and Visitors Pavilion, the district offers easy access to King Abdul Aziz Road, two …

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