Marriott to Manage Nine Properties in Saudi Arabia for Fawaz Abdul Aziz Al-Hokair & Associates Hotels Company
Agreement Includes Hotels Representing Six Marriott International Lodging Brands Starting in 2010.
DUBAI, UAE - Marriott International, Inc. (NYSE:MAR) will manage nine new properties in the Kingdom of Saudi Arabia starting in 2010 under a recently concluded agreement with Fawaz Abdul Aziz Al-Hokair & Associates Hotel Company LLC.
The new hotels will be located in Riyadh, Jeddah, Dammam and Jubail and will represent the following Marriott International brands: The Ritz-Carlton Hotels, The Ritz-Carlton Residences, Marriott Hotels & Resorts, Marriott Executive Apartments and Courtyard by Marriott. When opened, they will substantially increase Marriott International’s presence in the Kingdom from three today to 12 properties.
“We are excited by the dramatic growth these hotels represent for our portfolio in the Kingdom of Saudi Arabia and are delighted to share Fawaz Abdul Aziz Al-Hokair & Associates Hotel Company LLC vision of the Kingdom’s future. Travel and tourism are quickly becoming an integral part of the economic landscape in many parts of the Middle East and we are pleased to help encourage and build this future direction, said Ed Fuller, President and Managing Director of International Lodging for Marriott International, Inc.
“Partnering with Marriott provides us with a great opportunity to further extend our business offering and move into the hotels segment with a truly world class brands. We foresee a long-term benefit for both parties as the demand for upscale and upper-scale accommodations is not currently met in the Kingdom of Saudi Arabia. The continued economic and business growth will drive travel inflow and this will maintain high demand and profitability for the hotels business. With us, Marriott are in the best position to tap into this opportunity”, said Mr. Fawaz Abdul Aziz Al Hokair, Chairman Fawaz Abdul Aziz Al-Hokair & Associates Hotel Company LLC.
“We are proud to introduce the Courtyard by Marriott brand to the Kingdom of Saudi Arabia. We are confident with its modern design and quality of services, the Courtyard Brand will truly reflect today’s savvy travelers’ needs, and we expect the hotel to be a welcome addition to the community”, he added.
Among the hotels included in the agreement are the following:
• The Ritz-Carlton Hotel and The Ritz-Carlton Residences in Riyadh expected to open in 2011.
The 250-room Ritz-Carlton, Riyadh and the 80-unit Ritz-Carlton Residences, Riyadh will be located on King Fahad Road.
The hotel will have five restaurants including a pool outlet/grill in addition to a lobby lounge and cigar lounge. Recreational amenities will include a health and leisure club, a spa with separate male and female facilities, and two swimming pools with outdoor seating area. The hotel also offers 69,500 square feet of public space for social events such as weddings and conferences, a business center, 24-hour room service and retail shops.
The Ritz-Carlton Residences will also have a residents’ lounge.
• Dammam Marriott Hotel and Marriott Executive Apartments Damman, expected to open in 2011
The 250-room Dammam Marriott and the 50-unit Marriott Executive Apartments, Dammam will be located at the intersection of Khalij and Amir Muhammad Bin Fahad Bin Abdul-Aziz Roads.
The Marriott hotel will have two restaurants, a spacious, flexible lobby and lounge, an outdoor swimming pool, two health and leisure clubs with separate facilities for men and women, a business center and 24-hour room service.
The Marriott Executive Apartments for extended stays will have one, two and three-room attractively furnished apartments with fully equipped kitchens and will offer guests access to the hotel’s public space and amenities.
• Courtyard by Marriott and Marriott Executive Apartments Mall of Arabia Jeddah, expected to open in 2010.
The 311-room Courtyard by Marriott and 85-unit Marriott Executive Apartments Mall of Arabia Jeddah will be located on Medina Road, the main thoroughfare connecting Jeddah International Airport to Jeddah’s central business district and downtown area.
The hotel will have two restaurants and a lounge in the lobby. Public amenities will include 24-hour room service, two health and leisure clubs with separate men and women facilities and two swimming pools. For small meetings and social events, the hotel will offer 9,900 square feet of public space in addition to pre-function areas. The Market, “grab and go” deli counter, in the hotel’s casual restaurant and in the Marriott Executive Apartments, will be part of its Internet corner in addition to a Starbucks concession.
• Courtyard by Marriott Jeddah King Abdullah Street, expected to open in 2010
The 250-room Courtyard by Marriott Jeddah King Abdullah Street will have a casual restaurant and a lobby lounge. Amenities will include two health & leisure clubs with separate men and women facilities, an outdoor pool, 24-hour room service with limited menu and The Market “grab and go” deli counter. For social events and small meetings, the hotel will have 5,000 square feet of space in addition to pre-function areas.
• Courtyard by Marriott Olaya Street Riyadh, expected to open in 2010
The 205-room Courtyard by Marriott Olaya Street Riyadh will have two restaurants and a lobby lounge. Public amenities will include two health and leisure clubs with separate facilities for men and women, an outdoor swimming pool, 24-hour room service, The Market, a deli-counter in the casual restaurant and a Starbucks concession.
• Courtyard by Marriott Jubail, expected to open in 2011
The 220-room Courtyard by Marriott Jubail will be located at the intersection of Al Medina Al Munawarah Road and King Abdul-Aziz St. It will have a casual restaurant and lobby lounge, a health and leisure club with separate facilities for men and women, an outdoor swimming pool, a business center, 24-hour room service and The Market, a deli-counter in the casual restaurant. For meetings and social events, the hotel will have 5,400 square feet of space in addition to pre-function areas.
The Marriott International lodging portfolio in the Kingdom of Saudi Arabia currently consists of three hotels in Riyadh, Jeddah and Medina.
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