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Marriott, Saudi PIF sign pact to open 8 hotels in Madinah

Marriott International, a global hospitality company, has signed an agreement with Rua Al Madinah Holding Company, a wholly-owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), to open eight hotels in Madinah.
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Marriott International, a global hospitality company, has signed an agreement with Rua Al Madinah Holding Company, a wholly-owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), to open eight hotels in Madinah.

Located in close proximity to the Prophet’s Mosque, Al Masjid An Nabawi, the planned properties will be part of the Rua Al Madinah Project which aims to elevate the service and travel experience for visitors of Madinah.

The anticipated openings will feature approximately 4,400 rooms across eight of the company’s brands – The Ritz-Carlton, JW Marriott, Marriott Hotels, Westin Hotels & Resorts, Le Méridien Hotels & Resorts, Four Points by Sheraton, Aloft Hotels, and Courtyard by Marriott.  

“There is a strong demand for high-quality hotel accommodation in Madinah and we are delighted to work with Rua Al Madinah Holding Company to support the enhancement and diversification of the city’s hospitality landscape,” said Satya Anand, President, Europe, Middle East & Africa, Marriott International.

“This multi-deal agreement also strengthens our footprint in Saudi Arabia where we continue to see strong growth momentum in line with the Kingdom’s vision for its tourism sector.”

“The agreement with one of the world’s leading hospitality operators brings the Rua Al Madinah project a step closer to realising its ambitions to further enrich Madinah city’s Hajj and Umrah services," commented Ahmed Al Juhani, CEO of Rua Al Madinah Holding Company.

“This collaboration will culminate in the launch of eight new hotels and nearly 4.400 rooms that will serve both residents as well as visitors from around the world looking to visit Madinah.”

The eight planned properties include The Ritz-Carlton, Rua Al Madinah which is slated to offer 151 luxurious rooms and suites including a signature Ritz-Carlton suite, multiple dining concepts, a 500-sqm ballroom, an expansive fitness centre and Ritz Kids space.  JW Marriott Rua Al Madinah is anticipated to feature 252 well-appointed guestrooms and suites along with multiple dining concepts, a fitness centre and meeting room facilities.

Plans for Madinah Marriott Hotel Rua Al Madinah include 450 spacious guest rooms and suites in addition to dining, recreation, and meeting facilities. Le Méridien Rua Al Madinah is expected to feature 533 modern guest rooms and suites, and three dining concepts alongside recreation and meeting facilities. The Westin Rua Al Madinah is anticipated to comprise 361 spacious rooms and suites, three dining outlets, a fitness centre, a kids club, and meeting facilities.

Four Points by Sheraton Rua Al Madinah anticipates 777 modern rooms and apartments, two all-day dining concepts, spacious meeting facilities, and a fitness centre.  Aloft Rua Al Madinah and Courtyard by Marriott Rua Al Madinah are expected to offer a combined 1,810 rooms and suites, 1,100 sqm of meeting space facilities, and multiple dining and recreation offerings.
 
The expected openings in Madinah are part of Marriott International’s commitment to the growth of the tourism sector in Saudi Arabia where the company’s current portfolio encompasses 36 properties and more than 10,000 rooms across 11 of its brands.

Rua Al Madinah Holding Company is responsible for the development masterplan for the Rua Al Madinah project and some other real estate projects in the Holy City of Madinah as one of the key initiatives of the Public Investment Fund to achieve Saudi Arabia’s Vision 2030.

The development of the Rua Al Madinah Project is expected to cover 1.5 million sq m, including 47,000 new rooms by 2030. Approximately 63% of the project’s master plan will consist of open spaces.

Integrated transportation solutions such as bus stops, and underground parking are anticipated to facilitate easy access to the Prophets’ Mosque and support residential and commercial activity within the master development.  – TradeArabia News Service

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