Thursday 7 July 2022

Dur plans 15 new hotels as part of expansion plan

RIYADH, May 25, 2022

Saudi Arabia’s Dur Hospitality is pursuing an expansion plan that aims to keep up with the growing tourism sector and the increasing demand for hotel services in the Kingdom, said senior group officials. 
Speaking on the sidelines of the Future Hospitality Summit in Riyadh, which is sponsored by Dur Hospitality as a Strategic Partner of the event, Dur Hospitality’s President of Hotels Operations Hassan Al Ahdab said the group’s plan includes 15 new hotel and real estate development projects. 
The second edition of the Future Hospitality Summit in Riyadh, under the theme “Reimagined Horizons”, concludes today (May 25).
Organised by Bench, MEED, and the Saudi Event Management & Marketing Company (Semark), the summit offered rich insights into prospects for growth and development in the hospitality industry
across the region and Saudi Arabia.
In his speech welcoming the participants and attendees, CEO of Dur Hospitality Sultan bin Badr Al-Otaibi said Dur’s role as a strategic partner, hosting and sponsoring this high-calibre event, aligns with its long-standing commitment to advancing the tourism and hospitality industry, especially at a time when the Kingdom is undergoing large-scale transformation and witnessing significant developments that yield immense benefits for all stakeholders in this sector. 
“Committed to this approach, we have been increasing our investments in the sector through local development projects which help accelerate economic growth, achieve the goals of Saudi Vision 2030, and solidify the Kingdom’s position as a leading hub for business and entertainment,” he said. 
Al-Otaibi further highlighted Dur’s consistent achievements in increasing the scope of its partnerships with some of the world’s top hospitality brands while continuously rolling out innovative services and expanding its property development projects.
Hassan Al Ahdab emphasised the importance of the tourism sector as a key component for stimulating the economy as its role increasingly grows and adapts to the kingdom’s economic strategies and aspirations. 
Dur’s portfolio currently includes more than 32 hotel and residential properties, commercial plazas and entertainment centers in various regions across the Kingdom. 
He further reiterated Dur Hospitality’s adherence to the industry’s latest international standards and commitment to equipping its facilities with innovative products and services that offer a more personalised experience for its guests, while offering the charm of authentic Saudi hospitality. -TradeArabia News Service


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