H Hospitality Collection expands to Saudi Arabia, signs agreement with Jabal Omar Development to operate new 5-star hotel in Makkah (Arabie saoudite)
Jabal Omar Development Company (JODC), the leading real estate development company in Saudi Arabia, announced today that H Hospitality Collection, the hotel management company of Abu Dhabi Capital Group, has been selected to manage its new 5-star hotel development in the Holy City of Makkah. |
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H Hospitality Collection expands to Saudi Arabia, signs agreement with Jabal Omar Development to operate new 5-star hotel in Makkah (Arabie saoudite)
Jabal Omar Development Company (JODC), the leading real estate development company in Saudi Arabia, announced today that H Hospitality Collection, the hotel management company of Abu Dhabi Capital Group, has been selected to manage its new 5-star hotel development in the Holy City of Makkah. |
Catégorie : Moyen Orient - Arabie saoudite - Économie du secteur
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The agreement is a significant milestone for H Hospitality Collection as the new hotel marks its first venture in the Kingdom, underlining its focus on regional expansion. The project has an outstanding location, only walking distance from the Grand Mosque.
The hotel is part of the prestigious Jabal Omar mega-development, with a total built-up area of over 2 million square metres, featuring residences, hotels, malls, retail amenities, prayer areas and other facilities.
H Hospitality Collection will manage the hotel which will have 650 spacious and elegantly designed rooms, three restaurants offering extensive culinary choices, lounge, café, meeting rooms and a modern gymnasium. The hotel will welcome its first guests by the beginning of 2020.
Fadel Al Ali, Chairman of H Hospitality Collection, said: “We are delighted with this new project that perfectly complements our expansion strategy across the Middle East. Saudi Arabia has always been one of our key destinations, and we wanted to expand our operations in the Kingdom with a reputable partner in a premium location. Serving Hajj and Umrah pilgrims, and supporting the Kingdom’s focus on promoting tourism, under the Saudi Vision 2030, we see significant opportunity in operating our first hotel project in Makkah.”
Yaser F. Al-Sharif, Chief Executive Officer of Jabal Omar Development Company, said: “We are privileged to partner with Abu Dhabi Capital Group, one of the most distinguished organizations that is expanding the footprint of its H Hospitality Collection in Saudi Arabia. The agreement marks the importance they place in operating their first hotel project in the Holy City of Makkah.
The proposed H Hotel is situated close to the Grand Mosque and will appeal to visitors from the GCC and across the Islamic world by offering distinctive value propositions that will contribute to our growth. By choosing a brand that has roots in the region, we are confident of delivering a world class hospitality choice to Makkah visitors.”About H Hospitality CollectionHHC is an Abu Dhabi based hospitality management platform, currently operating/asset managing 5 properties under the H (5 stars hotel brand), Centreville (4 stars lifestyle hotel brand) and Le Meridien brand. The company has presence in Dubai, Seychelles, Podgorica and Rabat and a strong pipeline to develop new projects for the upcoming years.
H Hospitality Collection is part of Abu Dhabi Capital Group LLC, a private institutional investment company based in Abu Dhabi, United Arab Emirates.About Jabal Omar Development CompanyJODC is one of the largest real estate developers in the Middle East and one of the largest listed companies in the Saudi Tadawul Stock Exchange. Its flagship project, Jabal Omar, is an integrated real estate development within walking distance of the Holy Mosque in Makkah Al Mukarramah. As the Kingdom of Saudi Arabia continues to increase its capacity to welcome a growing number of Hajj and Umrah performers, the company is also a proud contributor to the development of the area surrounding the Holy Mosque and strives to offer the visitors and residents of Makkah a unique spiritual and living experience. The area of the land covers 230.000 sqm and includes 39 towers. Jabal Omar is a mixed-use iconic project with commercial malls and luxurious residential units and premium hotels. The hotels are owned by Jabal Omar Development Company and operated by international luxury hotel brands.
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