Ascott expands hotel presence in Saudi Arabia

Singapore-based owner-operator firm Ascott Limited is set to introduce its third hotel property in Al Khobar, Saudi Arabia.

Ascotts is set to open its seventh residence in Saudi Arabia
Ascotts is set to open its seventh residence in Saudi Arabia

Singapore-based owner-operator firm Ascott Limited is set to introduce its third hotel property in Al Khobar, Saudi Arabia.

Opening in late 2021, Ascott has added Citadines Al Aziziyah Al Khobar to its list of hotel properties in the Kingdom of Saudi Arabia.

The agreement is part of a partnership with Nebras Tourism Company, who helped finalise the deal.

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Located on King Khalid road, the opening will be Ascott’s seventh residence in the kingdom and will feature 36 studio apartments, 25 one-bedroom apartments and 30 two-bedroom apartments, as well as a 157 sq m penthouse.

Facilities will also include a residents’ lounge, swimming pool and gym, as well as a three-storey adjacent car park for visitors’ use.

Following Ascott’s first property launch in Saudi Arabia four years ago, Ascott’s regional general manager for the Middle East, Africa and Turkey, Vincent Miccolis, said the company has established a market-leading presence in the region.

“Saudi’s oil-rich Eastern Province is a key metropolitan region with Al Khobar as one of its fastest growing cities,” said Miccolis. “Citadines Al Aziziyah Al Khobar will appeal to both business and leisure travellers who seek modern comforts, business connectivity and customized services.”

Ascott added that Saudi Arabia represented an important “growth territory” for the firm and confirmed further openings were in the pipeline across the kingdom.

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