DQ Riyadh Marriott Hotel worth US $66.63mn
Shapoorji Pallonji Co. appointed to build Marriott Hotel in Riyadh Diplomatic Quarter worth 259 million Riyals (US $66.63m)
Dur Hospitality Company has appointed Shapoorji Pallonji engineering and construction to build Diplomatic Quarter Riyadh Marriott Hotel and Executive apartments.
This project is expected to be completed in 24 months for a total cost of 259 million Riyals (US $66.63m).
Dur Hospitality CEO Dr. Badr bin Homoud Al-Badr said: "The importance of this project lies in being the first international hotel opening its doors within the Diplomatic Quarters in Riyadh, home to foreign embassies, international organisations and many governmental and financial institutions and leading private corporations in the Kingdom.
"Diplomatic Quarter Riyadh Marriott Hotel and Executive apartments will be managed and operated by Marriott International under a long-term agreement with Dur."
He added: ”We’re keen on choosing the best construction company to handle the development of this new hotel which requires modern and sophisticated building techniques, and for that reason we selected Shapoorji Pallonji engineering and construction company, considering its extensive experience in the hotel development projects globally, regionally and locally, which played a big role in winning the development contract of this project."
The Riyadh Marriott Hotel in the Diplomatic Quarters is a 5-star, fully-serviced hotel across 25,000m2, with the design inspired by the geological layers of Wadi Hanifa.
The hotel comprises 80 hotel rooms and 140 5-star executive apartments, in addition to a main restaurant, a banquet hall with a capacity of 400 guests, a fitness centre, and a parking lot with a capacity of 215 cars.