Participating in ATM and AHIC with a powerful pipeline of hotel openings for this year including 11 hotels in Saudi Arabia and 5 hotels in the UAE
Riyadh – Saudi Arabia: Rezidor Hotel Group, one of the most dynamic hotel companies worldwide, is participating at the Arabian Travel Market and the Arabian Hotel Investment Conference this week, showcasing a powerful pipeline of 17 hotel openings, including 11 hotels in Saudi Arabia and 5 hotels in UAE for 2017 only.
The 17 hotel openings this year will add over 3,000 rooms to its operating portfolio totalling almost 12,000 rooms in the Middle East and ensuring the Group remains firmly on track to have 100 hotels & 20,000 rooms in operation by 2020 across the region.
“2017 will be a historic year for the Rezidor Hotel Group in the region as we reach a new critical mass and we are soon to double our presence in all key markets. This growth demonstrates the resilience and potential of the region despite current macro-economic challenges and we continue to foresee a positive momentum as we pursue our expansion plans with key regional partners beyond our 2020 target.
We look ahead with great excitement to open the multiple planned hotels this year as we are due to launch flagship properties in different markets which will support growing our regional reputation and we would like to thank our Owners and Partners for their trust in the journey ahead” said Elie Younes, Executive Vice President & Chief Development Officer.
“With the anticipated openings this year and next year, we are proud to see Rezidor Hotel Group becoming a key regional hotel operator but moreover we are delighted to create significant employment opportunities in key markets such as the UAE and Saudi Arabia where our commitment is here to last and where the growth of local talent is one of our priorities.
Balanced leadership is a business priority for dynamic companies like The Rezidor Hotel Group and we were proud to announce the first local female General Manager appointment in Saudi Arabia. Our group wishes to take a leading role in promoting diversity but also in creating the employment opportunities to nationals as another translation to our regional responsibility and further in alignment with the various government initiatives.” said Mark Willis, Area Vice President, Middle East & Turkey.