By Sam Bridge
Hyatt Hotels Corporation signs a management agreement with Umm Alqura for the construction of a Grand Hyatt branded hotel in the holy city of Makkah
Hyatt Hotels Corporation has announced that an affiliate has entered into a management agreement with Umm Alqura for the construction of a Grand Hyatt branded hotel in the holy city of Makkah in Saudi Arabia.
Located close to the Grand Mosque, the 756-room property will be an integral component of the King Abdul Aziz Road (KAAR) mixed-use urban development project, a statement said.
“The Kingdom of Saudi Arabia is one of Hyatt’s prime focus areas within the Middle East," said Ludwig Bouldoukian, regional vice president of development, Middle East and North Africa for Hyatt.
“The country’s significant strides to boost tourism complements our own commitment to creating a pipeline in markets that matter most.”
Slated to open in January 2025, Grand Hyatt Makkah will be the first Grand Hyatt hotel in Makkah and the second Grand Hyatt hotel in Saudi Arabia, joining Grand Hyatt Al Khobar which is slated to open later this year.
“Grand Hyatt Makkah represents a prestigious addition to the King Abdul Aziz Road project, which will contribute to our goal of better serving the needs of visitors and residents in Makkah,” said Yasser Abuateek, CEO of Umm Alqura for Development and Construction.
The kingdom aims to attract more than 30 million tourists annually by 2030.