Accor plans 10 new hotels in Saudi Arabia

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Ibis-HotelAccor Middle East, a leading hospitality group in the Gulf region, said it has forged a strategic alliance with top Saudi conglomerate Alesayi Group to develop 10 new hotel properties across the country by 2018, Trade Arabia News Service reported.

The first Ibis in the Kingdom was launched in Riyadh in December 2012. With the second property, Ibis Yanbu, set to open by first quarter of 2014, the brand has been successful in the market. Accor said it aims to strengthen its position in Saudi Arabia with a future development target of 30 to 40 Ibis properties.

The announcement come following the signing of an agreement by Accor Group chairman and CEO Sebastien Bazin and Alesayi Group president and CEO Shaikh Mohammad Omar Kassem Alesayi in this regard last year at the Accor head office in Paris. The duo also signed a management contract in Jeddah on December 17 for the development of the first three Ibis hotels in strategic location in the key cities of Riyadh and Jeddah.

The Ibis project in Jeddah will include two hotels, a 200-room and a 300-room respectively, while the Ibis Riyadh hotel will have 194 rooms, said a statement from Accor.

“We are very proud in forging this strategic alliance with Accor for development of  the ibis brand network of economy hotels in the Kingdom,” Shaikh Mohammad said. “This is aligned with our group’s strategy to invest in the Kingdom offering the consumer the best international quality service at very competitive prices,” stated the chief of the Saudi Arabian conglomerate which boasts of more than 60 companies worldwide.”

Christophe Landais, the managing director for Accor ME said, “The region, specifically Saudi Arabia, is a prominent market for the Accor’s growth which will be driven with the support of strategic partnerships with major hotel investors. Alesayi Group shares our vision and ambition to develop in the Kingdom a hotel network with international standards, a very high level of comfort at affordable price for clients thanks to our ibis brand.”

Accor Middle East’s current network of 61 hotels with over 14,500 rooms in the Middle East includes 12 Ibis hotels accounting for almost 3,000 guest rooms. Presently,7 ibis hotels comprising 2,000 rooms are under development across the region.

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Reading Time: 2 minutes

Accor Middle East, a leading hospitality group in the Gulf region, said it has forged a strategic alliance with top Saudi conglomerate Alesayi Group to develop 10 new hotel properties across the country by 2018, Trade Arabia News Service reported.

Reading Time: 2 minutes

Ibis-HotelAccor Middle East, a leading hospitality group in the Gulf region, said it has forged a strategic alliance with top Saudi conglomerate Alesayi Group to develop 10 new hotel properties across the country by 2018, Trade Arabia News Service reported.

The first Ibis in the Kingdom was launched in Riyadh in December 2012. With the second property, Ibis Yanbu, set to open by first quarter of 2014, the brand has been successful in the market. Accor said it aims to strengthen its position in Saudi Arabia with a future development target of 30 to 40 Ibis properties.

The announcement come following the signing of an agreement by Accor Group chairman and CEO Sebastien Bazin and Alesayi Group president and CEO Shaikh Mohammad Omar Kassem Alesayi in this regard last year at the Accor head office in Paris. The duo also signed a management contract in Jeddah on December 17 for the development of the first three Ibis hotels in strategic location in the key cities of Riyadh and Jeddah.

The Ibis project in Jeddah will include two hotels, a 200-room and a 300-room respectively, while the Ibis Riyadh hotel will have 194 rooms, said a statement from Accor.

“We are very proud in forging this strategic alliance with Accor for development of  the ibis brand network of economy hotels in the Kingdom,” Shaikh Mohammad said. “This is aligned with our group’s strategy to invest in the Kingdom offering the consumer the best international quality service at very competitive prices,” stated the chief of the Saudi Arabian conglomerate which boasts of more than 60 companies worldwide.”

Christophe Landais, the managing director for Accor ME said, “The region, specifically Saudi Arabia, is a prominent market for the Accor’s growth which will be driven with the support of strategic partnerships with major hotel investors. Alesayi Group shares our vision and ambition to develop in the Kingdom a hotel network with international standards, a very high level of comfort at affordable price for clients thanks to our ibis brand.”

Accor Middle East’s current network of 61 hotels with over 14,500 rooms in the Middle East includes 12 Ibis hotels accounting for almost 3,000 guest rooms. Presently,7 ibis hotels comprising 2,000 rooms are under development across the region.

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