RIYADH Fairmont Hotels & Resorts will manage a new 287-key luxury hotel and convention center scheduled to open in the Saudi Arabia capital late next year.
Fairmont Riyadh, Business Gate, will be part of a new mixed-use development project comprising the hotel, a convention center and corporate office space. The hotel will feature 4,000 sq. m of meeting and function space, including two main ballrooms and several boardrooms.
“Riyadh is currently undergoing tremendous development, becoming a key financial and business destination for not only Saudia Arabia, but the Middle East,” says Chris Cahill, president of Fairmont Hotels & Resorts. “The influx of both public and private investment is creating a great opportunity for business and leisure travel, and Fairmont Riyadh, Business Gate, will be an exciting addition to our own brand’s growth in the region.”
Business Gate is designed to be a “city within a city,” catering to corporate and commercial business needs. “Fairmont’s expertise in the meetings arena adds great value to our product,” says Mohammed Al Dhabban, Business Gate’s managing director and legal advisor.