Construction

Radisson formalises agreement for two new hotels in the Kingdom

The hotels are set to open in second quarter of 2021

Radisson Hotel Group has announced that they have signed two new hotels in Saudi Arabia with Saudi real estate developer and investor Sulaiman Abdulaziz Al-Rajhi and his real estate development company, Al-Rajhi Investments, extending on an existing partnership between them.

The two hotels: the Radisson Hotel, Makkah Al Rahma and the Park Inn by Radisson Hotel, Makkah Al Rahma increases Radisson Hotel group’s portfolio in Saudi Arabia to 43 hotels and more than 10,000 rooms both in operation and under construction. The hotels are set to open in second quarter of 2021.

The new properties will be located in the Mahbas Al-Jin district of Makkah, only two kilometres from the Haram. Radisson Hotel, Makkah Al Rahma will have 190 rooms, meanwhile the upper-midscale Park Inn by Radisson Hotel, Makkah Al Rahma will have 150 room. Both the properties will have an all-day-dining restaurant, one meeting room, male and female gyms, and individual prayer rooms.

Commenting on the development, Khalid Saud Abu Haimed, CEO at Al-Rajhi Investments said: “We are pleased to grow our relationship with Radisson Hotel Group, one of the world’s largest hotel groups. The growth of religious tourism is a key pillar of our country’s Vision 2030 plan and we are committed to supporting this goal. We are privileged to be playing a leading role in the evolution of the tourism sector and look forward to continuing our journey with Radisson Hotel Group.”

“We’re pleased to strengthen our relationship with our esteemed partner Al-Rajhi Investments with the addition of two new hotels in Makkah,” said Elie Younes, CEO at Radisson Hotel Group. “Through Vision 2030, the KSA continues to make significant investments in mega projects to enhance its infrastructure and accessibility.”

Younes concluded that the Kingdom is a focus market for Radisson’s growth and the company is committed to working with their local partners to deliver on that.

The country remains a focus market for our growth which we are committed to deliver with our local partners.”

 

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