Dur Hospitality inks deal with Dar Al Hijrah for selection of turnkey projects

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by Sophia Soltani | Published 4 years ago

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Saudi based hotel developer and operator, Dur Hospitality has inked a deal with realtor, Dar Al Hijrah for a selection of turnkey hospitality projects.

The Public investment fund (PIF) represented by the Saudi Real Estate Development Company Dar Al-Hijrah and Dur Hospitality, the Saudi Company specialising in hotel development and operations through local and international hotel operators has signed two Letters of Intent, whereby Dur Hospitality will operate two hotels at the Dar Al-Hijrah project in Medina. siging ceremony photo

The LOIs were signed by Assistant Minister of Finance Mohammed bin Hamoud Al-Maziad who is the Chairman of the founding committee of the Saudi Real Estate Development Company Dar Al-Hijrah, and Fahad bin Abdullah al-Qasim, Board member at Dur Hospitality.

Dur Hospitality will operate both hotels, with the first boasting 614 rooms and hotel apartments, with the second hotel incorporating 380 rooms and hotel apartments and will be operated by Courtyard by Marriott, making it the second hotel managed by Dur Hospitality through Marriot International as per the franchise agreement signed with Marriott last April.

The Dar Al-Hijrah project will be developed over an area of 1.6 million sqm, 3 km southwest of Al-Masjid an-Nabawī and 900 m away from Quba mosque, with a total cost of 55 Billion Saudi Riyals. It is one of the monumental projects foreseen to develop Al Medina AL Munawara city further, and contribute in upgrading the level of services in the area, as it includes more than 100 executives, commercial and hospitality towers, in addition to Public utilities and administrative centers and pilgrims’ services.

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