The Ascott Limited to turn compound in Saudi Arabia into villas
The former British Aerospace compound will house Ascott long and medium stay villas, says regional GM
In a recent exclusive interview with Hotelier Middle East, Vincent Miccolis, the regional GM for The Ascott Limited, has revealed that the hotel group will repurpose a former British Aerospace compound in Riyadh, Saudi Arabia, to include medium-to-long-stay Ascott Villas.
Miccolis said that the compound will be the first one in the region to contain Ascott Villas, that it is a good complement to the product, and an emerging trend.
Reportedly, the compound, which will open at the end of 2020, is quite close to Riyadh’s financial centre.
The one-to-four bedroom villas will be open to Saudis, family weekend getaways and corporate guests, according to Miccolis.
“[The product] is being packaged for a high-end market,” he said.