Al-Akaria – Westin Riyadh Hotel – Saudi Arabia - Project Profile
"Al-Akaria – Westin Riyadh Hotel – Saudi Arabia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "Al-Akaria – Westin Riyadh Hotel – Saudi Arabia - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
Saudi Real Estate Company (Al-Akaria) is planning to build a five-star hotel in Al-Aqeeq District, Riyadh, Saudi Arabia.
The project involves the construction of a five-star hotel comprising 388 rooms and serviced apartments. It includes the construction of a spa, a gym, four food and beverage outlets, a swimming pool, restaurants, parking and related facilities.
In November 2015, Al-Akaria signed a letter of intent with Starwood Hotels & Resorts Worldwide, Inc (Starwood).
In June 2016, Al-Akaria signed a management contract with Starwood which will operate and manage the hotel under its Westin brand.
Construction work is expected to be completed by 2022.
The project involves the construction of a five-star hotel comprising 388 rooms and serviced apartments in Riyadh, Saudi Arabia.
The US$100 million project includes the following:
1. Construction of a spa
2. Construction of a gym
3. Construction of four food and beverage outlets
4. Construction of restaurants
5. Construction of a swimming pool
6. Construction of parking facilities
7. Construction of related facilities
Reasons To Buy
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook