Al Khozama to manage 2 hotels in Al Khobar
Riyadh, January 9, 2014
Saudi Arabia-based Al Khozama Management, a leading luxury commercial property development company, has signed agreements with Al Fahd Investment Company to manage two new upmarket hospitality properties in Al Khobar.
The properties include the five-star deluxe Al Faisaliah Hotel & Spa and the four-star Al Khozama Residence.
Opening in 2016, the ultra-luxury Al Faisaliah Hotel & Spa is positioned near to the King Fahd Causeway, the 25 km bridge connecting Saudi Arabia and Bahrain. It will offer panoramic views of the bridge and wider Gulf Sea.
Owned by Al Fahd Investment and managed by Al Khozama, Al Faisaliah Hotel & Spa will offer 240 rooms and suites, two world-class restaurants and extensive meeting facilities complemented by a state-of-the-art business centre. For world-class corporate events and private functions, it also provides the professionally-catered Al Fahd banquet hall.
Guests will enjoy interactive in-room communication and entertainment facilities, premium luxury materials amenities and outstanding personalized service.
Al Khozama Residence, located adjacent to the Al Shubaili Grand Mall, will offer 150 contemporary and elegant serviced apartments with both short and long term availability. The four-star deluxe property also includes the Da Pino Italian restaurant, business centre, fitness centre and welcoming lounge for informal meetings and leisurely get-togethers.
Prince Bandar bin Saud bin Khalid, chairman of Al Khozama, said: “The new properties in Al Khobar add yet another dimension to our hospitality management portfolio, consolidating Al Khozama’s leadership position and extending our contribution to the development of tourism and hospitality in the Kingdom.”
“We are delighted to partner with Al Fahd Investment Company on these landmark projects. Our hospitality team will ensure a sophisticated product and matchless service which are the hallmarks of Al Khozama,” he added.
In addition to the Al Faisaliah Hotel & Spa and Al Khozama Residence in Al Khobar, Al Khozama also manages the Al Shohada Hotel in Makkah and Bay La Sun Hotel & Marina in King Abdullah Economic City, north of Jeddah. Al Khozama owns its flagship Al Faisaliah Hotel and the Al Faisaliah Suites in Riyadh.
Ahmed Fahd Al Fahd, director, Hospitality Division of Al Fahd Investment Company, said: “We are pleased to partner with Al Khozama and have no doubt this strategic partnership will add exceptional value to our vision in developing world class hospitality properties in Al Khobar and across Saudi Arabia.”
Since 1995, Al Khozama has been the frontrunner in the development and management of luxurious commercial properties in key locations across the Kingdom of Saudi Arabia.
Established in 1968, Al-Fahd Company for trading, Industrial & Contracting has become one of the largest private sector business groups in Saudi Arabia with a variety of interconnected business enterprises. – TradeArabia News Service