Cristal to manage 3 new hotels in Saudi
Riyadh, June 24, 2012
Cristal Hotels & Resorts, a leading hospitality group in the region, recently signed agreements to manage three new hotels in Saudi Arabia.
Cristal Hotels & Resorts also announced the establishment of its subsidiary Cristal KSA, in affiliation with a local partner.
Cristal KSA will be managing the Cristal Amaken Hotel, which will open in 2014 in the 2nd Industrial City, Riyadh; Cristal Himmah Hotel, which will open in 2015 in Dammam; and Cristal Siyaha Hotel, which will open early 2013 in Riyadh.
The new hotels will collectively supply more than 600 hotel rooms in Saudi Arabia’s burgeoning hospitality market.
The Cristal Amaken Hotel is owned by Amaken for Tourism Company and will have 270 keys; Cristal Himmah Hotel, owned by Dar Al Himmah Company, will have 190 keys; and the Siyaha for Tourism Company-owned Cristal Siyaha Hotel, located in the Olay business district on King Fahd Road, will have 150 keys.
All three hotels will also feature a complete range of business and hospitality amenities, including F&B outlets, meeting rooms and health clubs.
Peter Blackburn, president & CEO, Cristal Hotels & Resorts, said: “Saudi Arabia has been a very important growth destination for Cristal Hotels & Resorts and the new management agreements for the three hotels will certainly drive forward our expansion initiatives in Saudi Arabia.”
“The demand for hospitality amenities in Saudi Arabia continues to surge and we are therefore thrilled to deliver more than 600 hotel rooms within the next two years through joint efforts with our local partner, complementing the robust market growth while establishing our own unique brand of hospitality in key destinations in Saudi Arabia.”
“Moreover, the successful launch of Cristal Amaken Hotel, Cristal Himmah Hotel and Cristal Siyaha Hotel will also further boost our ongoing expansion programme across key markets in the Middle East,’ he added.
Cristal Hotels & Resorts offers a wide choice of 4 and 5-star accommodations for business and leisure throughout the region. The group manages two hotels in Abu Dhabi: Cristal Hotel Abu Dhabi and Cristal Salam Hotel.
The group also manages the historic and prestigious Cristal Grand Kadri Hotel in Lebanon and the Cristal Itsandra Beach Hotel in Comoros, which are currently undergoing refurbishment, and will be operational by end of 2012. – TradeArabia News Service
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