We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Mon 21 Mar 2016 02:48 PM

Font Size

- Aa +

Hotel giant plans four Middle East openings over next year

Fairmont Hotels parent company set to expand into Saudi Arabia, Fujairah, Jordan and Egypt

Hotel giant plans four Middle East openings over next year
(Photo for illustrative purposes only)

FRHI Hotels & Resorts (FRHI), the parent company of luxury and upscale hotel brands Fairmont Hotels & Resorts, Raffles Hotels & Resorts and Swissôtel Hotels & Resorts is planning to expand its presence in the Middle East with the opening of four new properties over the next 12 months.

The hotel giant said it will open luxury properties in Saudi Arabia, Fujairah, Jordan and Sharm El Sheikh in what it calls its fast-growing region.

"Our pipeline growth in the MEAI and Saudi Arabia, in particular, remains a key focus for our world-leading luxury hotel brands," said Sami Nasser, senior vice president, operations, Middle East, Africa and India for FRHI.

"Since our debut in Saudi Arabia over five years ago with our multi-branded hotel complex in Makkah, our brands have been well positioned to appeal to both business and religious tourism in this increasing sophisticated travel market."

He said the company is targeting growth of 50 percent over the next five years in the region.

FRHI properties set to open in 2016 and the beginning of 2017 include Fairmont Riyadh Business Gate - Saudi Arabia, Fairmont Amman - Jordan, Fairmont Citystars Sharm el Sheikh - Egypt and Fairmont Fujairah - UAE.

The company said that looking beyond 2017, FRHI has a number of hotel development projects underway in markets like China and Africa which are set to open over the next five years.

The company added that it remains focused on international expansion for all three brands with particular emphasis on key markets in Europe, Asia, the Middle East and Africa. Openings include Swissotel Jeddah in 2017, Raffles Jeddah in 2018 and Swissôtel Al Khobar in 2020.

Arabian Business digital magazine: read the latest edition online

For all the latest travel news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.