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Marriott to Open Eight Hotels in Madinah
by tpg media
Marriott International has signed an agreement with Rua Al Madinah Holding Company, a wholly-owned subsidiary of the Public Investment Fund (PIF), to open eight hotels in Madinah.
The planned properties, which will be located near the Prophet's Mosque, Al Masjid An Nabawi, will be part of the Rua Al Madinah Project, which is designed to improve the service and travel experience for visitors to Madinah.
The projected openings will introduce around 4,400 rooms across eight of the company’s brands - The Ritz-Carlton, JW Marriott, Marriott Hotels, Westin Hotels & Resorts, Le Méridien Hotels & Resorts, Four Points by Sheraton, Aloft Hotels, and Courtyard by Marriott.
Satya Anand, President, Europe, Middle East & Africa, Marriott International, explained:
“There is a strong demand for highquality hotel accommodation in Madinah and we are delighted to work with Rua Al Madinah Holding Company to support the enhancement and diversification of the city’s hospitality landscape. This multi-deal agreement also strengthens our footprint in Saudi Arabia where we continue to see strong growth momentum in line with the Kingdom’s vision for its tourism sector.”
“The agreement with one of the world’s leading hospitality operators brings the Rua Al Madinah project a step closer to realizing its ambitions to further enrich Madinah city’s Hajj and Umrah services," commented Ahmed Al Juhani, CEO of Rua Al Madinah Holding Company.
The Rua Al Madinah Project is expected to cover 1.5 million square meters by 2030, including 47,000 new rooms. Open spaces will make up around 63% of the project's master plan.
