12 December 2016
Dubai: Al Khozama Management Company announces the opening of its first regional office – marking the start of its international aspirations. The award winning company takes this step with the primary view to drive its hospitality portfolio growth regionally.
The vision of the company’s board of directors led by its Chairman, HH Prince Bandar bin Saud bin Khalid Al Saud is to expand its reach beyond the boundaries of the Kingdom of Saudi Arabia and become recognized as the leading Arabian hospitality company - the first choice for its guests, partners and staff.
“We are absolutely delighted and proud to reach this milestone. As a company, we are in times of significant change and expansion. Our board’s resolute vision is progressively materializing. We are developing new and redeveloping a number of the properties we manage. Bringing to market – novel cultural, leisure and travel concepts. With the key being in the concept, we want to add to the market, spark its imagination and give our guests rich experiences be it our hotels, malls and even within office space. We just launched a new concept resort in Riyadh and our plans for the future include more properties in the eastern and western regions of the Kingdom. The UAE is a natural next step for us.”
Al Khozama’s leadership has built a legacy over the decades, for its distinct skillfulness in identifying needs and bringing to fruition what was once perceived luxury niches within both hospitality and realty.
Al Khozama transformed the luxury hospitality industry in the Kingdom by introducing the first 5-star luxury hotel - Al Faisaliah in 2000 - introducing its signature butler concept for all rooms and suites. The company currently manages a wide-ranging portfolio from leisure resorts, city center business hotels and residences, and hotels in the Holy city of Makkah.
“Our clients both the businesses and individuals expect bespoke dealings at our hotels. Our hospitality principles are grounded in the authentic essence of Arabian hospitality. You will see it with both local or international guests, hospitality grounded in the traditions of the company’s roots creates a richer experience for the guest – it is more memorable, therefore appreciated more” explained Hussien Hatata Vice President of Hospitality at Al Khozama.
Adding “With the opening of our regional office we are ripening our offering in tandem with our guest needs. Amplifying personalization, simplification and seamless experience”
Alpen Capital reported projection of 9.5% annual growth over 5 years till 2018 for the GCC region. The hospitality industry is a quickly evolving market that shows clear signs and shifts in both the expectations and needs of key stakeholders. Technology is at the forefront in accelerating the change.
-- Ends --
About Al Khozama
Al Khozama Management Company is the Kingdom’s leading developer and manager of luxurious commercial properties. It was formed as a result of the simple, yet bold, idea of building an iconic property in the heart of Riyadh, which resulted in the creation of the Al Faisaliah District 30 years ago. Today, Al Khozama owns and manages a portfolio of properties, including hotels and resorts, offices, retail operations and more. The company plans to be a leading thinker, builder, creator and manager of properties and facilities in Saudi Arabia and beyond. Al Khozama will achieve this goal by making every interaction, with every person, positively memorable.
Named by the World Travel Awards as Saudi Arabia’s leading luxury hospitality company for 2015, Al Khozama manages eight hotels, featuring more than 1,600 rooms; more than 35,000m2 of retail space; and more than 50,000 m2 of office space, Al Khozama’s portfolio of properties include:
· Al Faisaliah Hotel
· Al Faisaliah Suites
· Al Faisaliah Resort
· Al Khozama Hotel
· Al Shohada Hotel
· Bay La Sun Hotel & Marina
· Manazel Al Ain Grand
· Al Khozama Residence
Office & Retail
· Al Faisaliah Tower
· Al Fasialiah Mall
· Al Khozama Center
© Press Release 2016