Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Jabal Omar Development Company, a leading developer in the Middle East, for a Hyatt Centric hotel in Makkah, Saudi Arabia, as part of the Jabal Omar integrated real estate development. Jabal Omar Hyatt Centric Makkah Hotel and Residences will boast a prime location in close proximity to the Grand Mosque of Makkah, ideally positioned within one of the fastest growing religious tourism markets in the world.
"We're honored to work together again with Jabal Omar Development Company on the second Hyatt hotel in the holy city of Makkah," said Peter Fulton, group president – Europe, Africa, Middle East and Southwest Asia, Hyatt. "Together, we hope to strive towards the Kingdom's goal to attract more than 30 million tourists by 2030. The Jabal Omar Hyatt Centric Makkah is being designed to accommodate the unique needs of both visitors and pilgrims and will offer a contemporary hospitality experience connecting guests to the heart of this cultural and religious destination."
Slated to open in 2023 as a launch pad for exploration, the hotel will feature 196 guestrooms and suites as well as 200 residences supported by a passionately engaged team providing local expertise. Both the hotel and residences will offer modern design elements skillfully blended with touches of local art and culture. Guests will also enjoy state-of-the-art facilities and experiential offers that are synonymous with the Hyatt Centric brand.
"We anticipate an immensely positive reception to the new Jabal Omar Hyatt Centric Makkah, which will stem from our strong relationship with the Hyatt brand and its success in the region," said Yasser Faisal Al-Sharif, CEO of Jabal Omar Development Company. "The hotel will further contribute to our prestigious development project with unique propositions that meet the needs of our growth. We are confident in delivering a unique hospitality experience that will support the goals of Saudi Vision 2030 to promote religious, social and commercial activities in the Kingdom of Saudi Arabia."
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