33 Days
Source:
الاقتصادية
Amsa, Artal, and Hayat Sign Development Agreements for Three Hotels in Riyadh
My company, Amsa Hospitality, along with Artal Hotels and Hayat, have signed agreements to develop and operate three hotels in Riyadh as part of a plan to open them under the global Hayat brand before the end of the year. The projects include two hotels in the Al-Sahafa and Al-Mohammadiyah neighborhoods, plus a new hotel in Nafel district. The Nafel Hotel will feature 70 suites and will open gradually, while the Sahafa Hotel will have 131 rooms and suites, along with facilities such as a restaurant, meeting rooms, and a gym. The Mohammadiyah Hotel will include 99 hotel units with entertainment and health amenities. This move comes as part of the expansion of the Saudi hospitality sector, especially with preparations for hosting Expo 2030 in Riyadh. It reflects confidence in the company's growth strategy and its hotel management system through franchise agreements.
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