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NEWS | Swiss-Belhotel signs Saudi property

Swiss-Belhotel signs Saudi propertySwiss-Belhotel International, one of Asia’s leading mid-scale hotel operators, has added a new Saudi hotel project to its growing Middle East portfolio with the official signing of a 126-room hotel in Riyadh’s new financial district. Sheikh Abdallah Al Jumaiah and Khaled Al Jumaiah, president and vice president respectively of owning company,
the Al Jumaiah Group, Gavin Faull, chairman and president and Ghassan Aridi, chief executive, Alpha Tours signed the management agreement. “As the commercial capital of Saudi Arabia, Riyadh captures considerable inbound demand, and the signing of a second property gives us guaranteed city-wide coverage and access to a burgeoning corporate base to drive solid and sustained business growth,” said Faull. According to a statement issued by Sheikh Abdallah, the Al Jumaiah Group is focusing on providing creative value in every one of its projects, and developing a collection of properties that includes four-star, luxury and boutique hotels.

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