Leading Hospitality Management Company Signs Agreement to Manage Two New Hotels in Al Khobar with Al Fahd Investment Company
Riyadh, Saudi Arabia, 9 January 2014: Al Khozama Management Company (Al Khozama), Saudi Arabia's leading luxury commercial property development, management and investment company, has announced the signing of agreements with Al Fahd Investment Company, to manage two new upmarket hospitality properties in Al Khobar - the 5-star deluxe Al Faisaliah Hotel & Spa and the Al Khozama Residence.
Opening in 2016, the ultra-luxury Al Faisaliah Hotel & Spa will bring the prestige of the Al Faisaliah hospitality brand to Al Khobar for the first time. In location, architecture and service excellence it creates an entirely new hospitality concept in the eastern Province of Saudi Arabia. Gracefully positioned near to the King Fahd Causeway - the 25 km bridge connecting Saudi Arabia and Bahrain - its panoramic views of the bridge and wider Gulf Sea set the tone for an iconic destination, enhanced by Al Khozama's service excellence including 24-hour butler service.
Owned by Al Fahd Investment and managed by Al Khozama, Al Faisaliah Hotel & Spa will cater for discerning business and leisure guests with 240 rooms and suites, two world-class restaurants and extensive meeting facilities complemented by a state-of-the-art business centre. For world-class corporate events and private functions, it also provides a professionally-catered stylish Al Fahd banquet hall.
With every element of the hotel's décor and design tailored to elevate the guest experience, Al Khozama has gone to great lengths to fuse contemporary elegance with latest in hospitality innovation. Guests will enjoy interactive in-room communication and entertainment facilities, premium luxury materials amenities and outstanding personalized service.
Al Khozama Residence, located adjacent to the Al Shubaili Grand Mall, will offer 150 contemporary and elegant serviced apartments with both short and long term availability. The 4-star deluxe property also includes the Da Pino Italian restaurant, business centre, fitness centre and welcoming lounge for informal meetings and leisurely get-togethers.
H.H. Prince Bandar bin Saud bin Khalid, Chairman of Al Khozama, said: "The new properties in Al Khobar add yet another dimension to our hospitality management portfolio, consolidating Al Khozama's leadership position and extending our contribution to the development of tourism and hospitality in the Kingdom.
"We are delighted to partner with Al Fahd Investment Company on these landmark projects. Our hospitality team will ensure a sophisticated product and matchless service which are the hallmarks of Al Khozama".
In addition to the Al Faisaliah Hotel & Spa and Al Khozama Residence in Al Khobar, Al Khozama also manages the Al Shohada Hotel in the holy city of Makkah and Bay La Sun Hotel & Marina in King Abdullah Economic City, north of Jeddah. Al Khozama owns its flagship Al Faisaliah Hotel and the Al Faisaliah Suites in Riyadh.
Commenting on this occasion, Ahmed Fahd Al Fahd, Director, Hospitality Division of Al Fahd Investment Company, said: "We are pleased to partner with Al Khozama and have no doubt this strategic partnership will add exceptional value to our vision in developing world class hospitality properties in Al Khobar and across the Kingdom of Saudi Arabia."
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About Al Khozama Management Company:
Since 1995 Al Khozama Management Company (Al Khozama) has been the frontrunner in the development and management of luxurious commercial properties in key locations across the Kingdom of Saudi Arabia. Combining smart investment in prime properties, outstanding vision for tomorrow's trends and an innovative approach to management, Al Khozama is consistently establishing the benchmark in both operational and aesthetic standards.
Al Khozama boasts a diversified business model that covers the ownership, investment and management of properties in the hospitality, retail and office sectors and is the only locally inspired brand in the hospitality sector that has such a wide-ranging portfolio - from leisure resorts and city center business hotels, to those in religiously significant location, Makkah.
Al Khozama ranks in the top 100 companies in the Kingdom of Saudi Arabia and in the top three in the hospitality industry. For more information, visit alkhozama.com
About Al Fahd Investment Company
Established in 1968, Al-Fahd Company for trading, Industrial & Contracting has become one of the largest private sector business groups in the Kingdom of Saudi Arabia with a variety of interconnected business enterprises, focusing on quality, prompt delivery, and adherence to detailed specifications.
Al Fahd sector expertise includes consumer & retail business and non-retail business sectors such as iconic real-estate development, construction, trading, industrial and hospitality.
The team at Al Fahd Investment Company combines unrivalled knowledge and expertise whose disciplines cover and support every aspect of its business lines.
Al-Fahd name has been associated with hospitality and hotels long time ago, having been committed to offering the finest hotel services of the high degree of distinction and sophistication, reflecting the traditional concept of Arab hospitality, which upholds the meaning of generosity and entertainment of visitors with the highest standards of international hotel services.
Al-Fahd Investment Company was established with the aim to provide fully comprehensive real estate opportunities and over personalized & Professional real estate services and to become hospitality industry leader through establishing a world class portfolio of luxury hotels and resorts.
Media Contacts:
Hussein Hatata,
Vice President-Hospitality Division
Al Khozama Management Company
+966 560066107
hussein.hatata@alkhozamahotels.com
Media Contacts:
Mohamed Abdul Fattah,
Head of Investment & Development,
Hospitality Division
Al Fahd Investment
+966 599994770.
mfattah@alfahd.com
Nagy Asker,
Director of Communications
Al Fahd Investment
+966 530804547.
nasker@alfahd.com
© Press Release 2014
