Swissôtel signs new hotel deal in Saudi Arabia
A new 180-room Swissôtel is set to open in Al Khobar, Saudi Arabia following a recent agreement signed between leading hospitality chain Swissôtel Hotels & Resorts and Mohammed Ibrahim Al Subeaei & Sons Investment Company (Masic).
With a planned opening in 2019, Swissôtel Al Khobar will be situated within the Masic Business Park development, occupying an enviable location within the urban area’s commercial and residential district. Encompassing around 55,000-sq-m of retail and prime office space, this development will become a landmark in the Eastern Province.
The project is being developed by Masic, one of the largest investment companies in Saudi Arabia with an extensive portfolio of investments locally and globally featuring financial services, real estate, agriculture, manufacturing, industrial and retail.