Jumeirah owner Dubai Holding has signed an agreement with Jabal Omar Development Company to develop the five-star Jabal Omar Jumeirah Makkah Hotel.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…1873 Views | the publication reaches you by | Saudi Arabia Today
It will also feature food and beverage outlets, meeting facilities, an executive lounge, gymnasium and over 90 retail units throughout the complex.
The hotel is slated to be operational in early 2019, a statement said.
Edris Al Rafi, CEO of Dubai Holding, said: “As Jumeirah Group embarks on its next phase of growth, adding such a strategic and large hotel to the portfolio is a key milestone in our ambitious international expansion strategy. Jabal Omar Jumeirah Makkah Hotel will significantly boost its growth in the coming years.
“It will also mark the group’s first presence in Saudi Arabia in Makkah, one of the holiest sites in the world and the highest in real estate value.”
The new hotel will increase Jumeirah’s portfolio to 22 luxury hotels and resorts worldwide, with a total of 7,164 hotel rooms. That includes the uber-luxurious Burj Al Arab hotel in Dubai, and other properties in the UAE, Kuwait, Frankfurt, Mallorca, London, Maldives and Shanghai.
Jumeirah has seen recent changes in leadership, with its CEO Stefan Leser recently departing the company after less than a year and a half in charge.
The hotel group clarified that Leser departed for personal reasons and a search for a replacement was underway.
Leser took over from veteran Gerald Lawless, who stepped down from the role in early 2016 after serving for 18 years in the role.
150 take part through Watani Al Emarat via the ‘Your City Needs You’ initiative Over 150 volunteers –…1627 Views | the publication reaches you by | Saudi Arabia Today
Do you have information you want to reach our readers?