Landmark Group's Citymax Hotels is set to open a property in Riyadh in Saudi Arabia in mid-2019. The hotel is owned by Crown Garden Company for Catering LLC and will be operated by Citymax Hotels.
Located in the Olaya business district, Citymax Hotel Riyadh will be the brand’s first hotel in Saudi Arabia and the second to open outside of the UAE. The property will serve both business and leisure travelers, and will target extended-stay guests as well.
The 65-room will feature a restaurant, Citycafé and a Lavazza coffee shop. Other facilities include meeting rooms, a gym and sauna.
"Mid-tier travel as a whole is on the rise, which puts us in a very favorable position as the demand is certainly there and growing,” said Citymax Hotels COO Aly Shariff. “This is especially true in Saudi Arabia, as the Kingdom’s Vision 2030 to drive economic diversification has had a major impact on the hospitality industry. We are excited to introduce our brand to the Kingdom as we open our first Citymax Hotel in the capital, and spearhead further development across the region.”
According to recent data from New Hampshire-based Lodging Econometrics, Riyadh's pipeline has 61 hotels and 11,574 rooms, the most of any city in the Middle East.