Friday 29 March 2024
 
»
 
»
Story

Voivenel and Sheikh Abdulrahim sign the agreement

HMH, Mobarak Hotels sign new Madinah hotel deal

MADINAH, November 18, 2014

Hospitality Management Holdings (HMH), a leading hotel management company, has entered into a management agreement with Mobarak Hotels Group for operating Coral Al Madina Hotel in Saudi Arabia.

Laurent A. Voivenel, CEO of HMH and Al Sheikh Mohamed Ebrahim Abdulrahim, Chairman of Mobarak Hotels Group signed the agreement in Madinah.

Featuring more than 400 rooms and suites, the hotel is spread over 10 floors and five basements including three restaurants, lobby lounge, luggage room, shopping arcade, a fully-equipped gym and spa, two meeting rooms, a business centre and a helicopter landing site. The luxurious five-star hotel is expected to welcome its first guests by Ramadan 2015.

The hotel has been conceived to be a prestigious address for discerning travellers to Madinah and is located just across the road overlooking the Holy Mosque.

“Saudi Arabia is a key development market for HMH. We are very proud to debut in the Holy City of Madinah and to enter into this very important partnership with Mobarak Hotels Group. We are truly grateful to them for having given us this opportunity. The hospitality Industry in Madinah is witnessing remarkable growth at the moment and we are very excited to be part of it. HMH is well-positioned in the kingdom as one of the leading regional hotel groups equipped with the most advanced technology. We are confident Coral Al Madina Hotel will add tremendous value to our growing presence in Saudi Arabia and further strengthen our portfolio,” said Laurent A Voivenel, CEO of HMH.

Haj and Umrah tourism is a major source of revenue in Saudi Arabia and a mainstay of its economy. The number of pilgrims, which stood at 2 million in 2013, is expected to increase to 5.2 million by 2025. Aviation and hospitality infrastructure are, therefore, being rapidly developed to boost opportunities in Haj and Umrah. – TradeArabia News Service




Tags: Saudi Arabia | Madinah | HMH | Coral Al Madina |

More Travel, Tourism & Hospitality Stories

calendarCalendar of Events

Ads