Rotana sets 5-hotel development pipeline for Saudi Arabia

The upcoming Centro Salama, Jeddah is scheduled to open next to the Centro Shaheen this quarter. Photo credit: Rotana.

Rotana is planning to expand its presence in Saudi Arabia as part of the country's Saudi Vision 2030 plan, capitalizing on the mid-market lodging demand. 

As part of the initiative, the company will open five new hotels in Riyadh, Jeddah, Al Khobar, Medina and Dammam under its Centro by Rotana and Rayhaan by Rotana brands. The new hotels will add more than 1,150 guestrooms to Rotana's portfolio, which already includes four hotels with 1,258 guestrooms in Riyadh, Jeddah and Makkah. Two of these hotels are in the midscale sector.

Four Centro by Rotana hotels are slated for Riyadh, Jeddah, Al Khobar and Medina, while the the Dana Rayhaan by Rotana will open in Dammam.


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

The new lineup is set to push Rotana closer to meeting its goal of operating 100 hotels by 2020. These hotels will join the group's recent pipeline additions slated to open by the end of 2018. Rotana will open 14 new hotels across the UAE, Saudia Arabia, Turkey, Iraq, Iran and Tanzania under its Rotana Hotels & Resorts, Arjaan Hotel Apartments by Rotana, Centro Hotels by Rotana and Rayhaan Hotels & Resorts by Rotana brands. 

The upcoming hotels will join three Rotana hotels scheduled to open in the first quarter of 2018. The 156-room Centro Olaya Riyadh will open in the center of the city while the 247-room Centro Corniche, Al Khobar will open on the Al Khobar Corniche near the sea. The 189-room Centro Salama, Jeddah will open next to Centro Shaheen in the center of Jeddah.

Suggested Articles

The sales included that of the 503-room Hilton São Paulo Morumbi, the real estate investment trust’s last international property.

The appointments included new C-suite leaders at IHG, Marriott International and Six Senses Hotels Resorts Spas.

After disbursing 50 years' worth of hotel assets, the company is focused on worldwide growth in the luxury sector.