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Jabal Omar Development Company plans to open ten hotels in Saudi Arabia’s holy city of Makkah, its executive general director told Bloomberg.
The firm, established to invest US$3.2bn in Makkah, is developing 2.2m sqm of land near the Grand Mosque, said Sameer Al Quraishi.
“Saudi Arabia is aiming to increase the number of people who are allowed to perform the annual pilgrimage,” he told the newswire.
“It’s also mostly trying to accommodate more religious visitors and that will surely increase demand for hotels,” he added.
Hotel operators Marriott International, Hyatt Hotels, Hilton Hotels and Sheraton will manage properties on the development, said Al Quraishi. The US$5.3bn project will include 38 hotels, managed by 28 companies and will add 13,500 rooms to Makkah’s hospitality industry once complete in five years.
Islam’s holiest city plays host to more than 10m pilgrims throughout the year and around 3m attend the Hajj, one of the world’s biggest religious gatherings.
The number of tourists is expected to rise to almost 14m by the end of the decade as the kingdom develops its local infrastructure as it moves to create more jobs for its nationals in the hospitality industry.
Hoteliers Hilton Worldwide, Marriott International and Hyatt International in May signed a deal to operate 12 hotels in Makkah. Fairmont operates two hotels in the kingdom, the Raffles Makkah Palace and the Makkah Clock Royal Tower, which opened in September.
Ok - sorry to be blunt but there are two main problems which mean that south asians are exploited in the GCC.
1 - Many Arabs still see lowly paid... more
I certainly hope that Tim Clark didn't mention that 4,000 mile range. If he did, he hasn't done his homework very well or he's asking for a massive range... more
Thursday, 20 June 2013 9:23 AM - atco1962I think this is a terrible move and is really not part of the original business model that has proved to be so successful. I use FlyDubai all the time... more
Thursday, 20 June 2013 1:00 PM - Billy
Ok - sorry to be blunt but there are two main problems which mean that south asians are exploited in the GCC.
1 - Many Arabs still see lowly paid... more
It is Ok to accept the argument that the current measure are meant to reduce unregulated labor market.
But it seems to overlook the fact... more
In those so called democratic (they should change it to Hypocratic) there is freedom of speech but no freedom after the speech.
When the guys speaking... more
Ok - sorry to be blunt but there are two main problems which mean that south asians are exploited in the GCC.
1 - Many Arabs still see lowly paid... more
Organizations like HRW, Green peace, ILO, UNHCR are so self serving that it is amazing they still exist! they spend 60/70 percent of their budgets (meant... more
Thursday, 30 May 2013 7:53 PM - NavinCountinua, women from NIGERIA will put you in their prayers more
Monday, 17 June 2013 5:40 PM - BINTU B M SULE
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