The 448-key five-star will be the group’s seventh hotel in KSA
Hotel management company Rotana has announced it will open its seventh hotel in the Kingdom of Saudi Arabia. Following a partnership signed between Rotana and Damac Hotels and Resorts, Damac Towers Arjaan by Rotana will open next month.
Located in the capital city of Riyadh, the hotel features a twin-tower architecture housing rooms, suites and penthouses. The 448-key hotel will have MICE facilities, a wellness and fitness centre, a gym and temperature-controlled pools for both men and women.
Once open, it will bring Rotana’s hotel portfolio in the Kingdom to seven, equating to 2,087 keys. Rotana CEO and president Guy Hutchinson said: “This exciting new property marks the Saudi debut of the Arjaan Hotel Apartments by Rotana brand, further enhancing our diverse portfolio in the Kingdom and bringing elegant city living to the heart of Riyadh.”
The group also has a pipeline of two properties in KSA - Centro Corniche, Al Khobar and Dana Rayhaan by Rotana, Dammam. The two properties are scheduled to open during the first half of 2020 and will add 807 keys to Rotana’s inventory.
“Despite the current global situation, we remain optimistic about the Kingdom’s tourism performance and the region as a whole. Governments in various countries are focusing strongly on economic diversification, and with tourism playing a central role in these efforts we look forward to a bright future for the hospitality industry,” added Hutchinson.
According to Rotana, KSA’s hotel market is projected to exceed a US$24 billion value in the next five years. Rotana also noted the Saudi government has set a target of adding 56,106 hotel rooms between 2019 and 2021.
Source: Hotelier Middle East