Dur Hospitality celebrated the re-launch of the newly renovated Riyadh Airport Marriott Hotel in collaboration with Marriott International and Riyadh Airports Company.
The re-launch celebration was held in the presence of the Board Members of Dur Hospitality, Dr. Badr Al-Badr, CEO of Dur and Mr. Alex Kyriakidis, Marriott’s President and Managing Director of the Middle East and Africa.
The agreement between Dur Hospitality and the General Authority of Civil Aviation (GACA) was extended for 20 years starting from 2016, to develop the hotel and its business identity, while operating the hotel through an international brand. The cost of developing the current hotel is expected to reach approximately SAR 120 million, where the capacity will be increased from 247 to 347 rooms, in addition to the development of supporting facilities.
On this occasion, Dr. Badr Al-Badr, CEO of Dur Hospitality, said, “The opening of Riyadh Airport Marriott Hotel is an important step in line with the company’s expansion strategy in the Kingdom’s hospitality industry. It could enhance our partnership with international brands such as Marriott International, which began 40 years ago with Riyadh Marriott Hotel. Through this partnership, we introduced the concept of five-star hotels to the Kingdom of Saudi Arabia and developed a number of projects, including Diplomat Courtyard Marriott Hotel and Marriott Hotel and Executive Apartments in Diplomatic Quarter Riyadh”.
Mr. Al-Daoud pointed out that the expansion and development of Riyadh Airport Marriott Hotel meet the increasing number of passengers traveling through King Khalid International Airport, which estimated at about 7% per annum. By the end of 2017, the number of passengers traveling through the capital airport reached over 25 million, which is the highest number in the history of the airport. This year is expected to see an increase in passenger numbers compared to last year.
The Riyadh Airport Marriott Hotel is strategically located close to the main markets in Riyadh. It features 2 dining halls, a ballroom with an area of about 1500 square meters, accommodating 750 guests, and 4 meeting rooms equipped with state-of-the-art technology. Marriot Riyadh Airport Hotel is one of the most prominent hotels that meet the needs of businessmen coming to the Kingdom, whether to participate in conferences and forums or to hold meetings and conventions.
About Dur Hospitality:
Established in 1976, Dur Hospitality is one of the most prestigious Saudi companies specialized in hospitality. It owns, develops and manages a wide range of properties, hotels and residential units throughout the Kingdom of Saudi Arabia. It is a publicly listed company. Its diversified portfolio encompasses more than 20 properties, in addition to 21 new hospitality and residential projects under development across the Kingdom with a total value of SAR 2.37bn.
In 1983, Dur launched its innovative Saudi brand in Makkah and Madinah, Makarem, a world-class hotel chain specialized in providing hospitality services in accordance with the highest international standards with a Saudi spirit. Dur manages its hotels throughout the Kingdom of Saudi Arabia through franchise agreements with Marriott International and the IHG Group.
In the real estate sector, Dur designs, develops and manages residential units and employs its hospitality expertise to provide integrated services under its own brand (Dur).
