Fairmont Raffles to expand in Gulf

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Fairmont Raffles to expand in GulfQatar or Jeddah, Saudi Arabia might soon be the recipients of a new Fairmont Raffles hotel complex.  The Qatari monarchy has invested US$877million in the hotel’s parent company, and they have recently opened their first two Middle Eastern properties in Saudi Arabia, leading to speculation of expansion in both regions.

Fairmont Raffles’ luxury hotels have made a name for themselves around the world, and have expressed interested in doing the same in the Gulf Coast.  They have found relative success with the opening of a hotel in Makkah, SA and will open in Riyadh in 2012.  “We definitely want to be in Jeddah, as we do in other cities,” said the company’s VP of operations for the region, David Roberts.

 



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Qatar or Jeddah, Saudi Arabia might soon be the recipients of a new Fairmont Raffles hotel complex.  The Qatari monarchy has invested US$877million in the hotel’s parent company, and they have recently opened their first two Middle Eastern properties in Saudi Arabia, leading to speculation of expansion in both regions. Fairmont Raffles’ luxury hotels have made a name for themselves around the world, and have expressed interested in doing the same in the Gulf Coast.  They have found relative success with the opening of a hotel in Makkah, SA and will open in Riyadh in 2012.  “We definitely want to...

Fairmont Raffles to expand in GulfQatar or Jeddah, Saudi Arabia might soon be the recipients of a new Fairmont Raffles hotel complex.  The Qatari monarchy has invested US$877million in the hotel’s parent company, and they have recently opened their first two Middle Eastern properties in Saudi Arabia, leading to speculation of expansion in both regions.

Fairmont Raffles’ luxury hotels have made a name for themselves around the world, and have expressed interested in doing the same in the Gulf Coast.  They have found relative success with the opening of a hotel in Makkah, SA and will open in Riyadh in 2012.  “We definitely want to be in Jeddah, as we do in other cities,” said the company’s VP of operations for the region, David Roberts.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
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Donation Total: $10.00

 

 

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