Mohammed Ibrahim Al Subeaei & Sons to open Swissôtel in KSA

Swissôtel Hotels & Resorts has entered into an agreement with Mohammed Ibrahim Al Subeaei & Sons Investment Company to manage the 180-room Swissôtel Al Khobar in Saudi Arabia. The property is currently slated to open in 2019 as part of the MASIC Business Park development. This hotel will be Swissôtel's, and parent company FRHI Hotels & Resorts', first in the eastern part of the country. 

"Continuing our pipeline growth in the Kingdom of Saudi Arabia is a key focus for our world-leading luxury hotel brands," Sami Nasser, SVP of operations for Middle East, Africa and India at FRHI, said in a statement. The project is being developed by MASIC, one of the largest investment companies in Saudi Arabia. Other recent MASIC developments include London's South Bank Tower, a retail shopping center on King Fahd road in Riyadh and a mega mixed-use project in Makkah.

The Swissotel Jeddah, pictured here, is slated to open in 2017

FRHI-managed hotels currently under development in Saudi Arabia include Swissôtel, Raffles and Fairmont hotels in Jeddah all slated to open before 2020, in addition to Fairmont Riyadh, Business Gate which will open in 2016. Other Middle East Swissôtel properties slated to open within the next five years include Swissôtel Jadaf in the United Arab Emirates, Swissôtel Citystars Sharm El Sheikh and a property in 'New Cairo' - Swissôtel Katameyah in Egypt.

FREE DAILY NEWSLETTER

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.

In total, FRHI has 19 hotels and more than 7,000 guestrooms open and operating in the Middle East, Africa and India with another 18 hotels in varying stages of development for 5,000 more rooms. Swissôtel Al Khobar will be FRHI's eighth hotel in the Kingdom of Saudi Arabia, with three hotels covering more than 3,000 guestrooms open, and another five with a total room of 1,200 guestrooms currently in the pipeline.

Suggested Articles

Hotels must educate themselves about technology to keep pace with tech-savvy guests and to stay ahead of competition.

Anthony Mallows, President and CEO, WATG, looks at key trends in the sector.

Four-star hotels dominate Europe’s pipeline in coming years, according to a study from Top Hotel News.