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Global hospitality chain, Warwick Hotels & Resort, is planning to operate 4,000 rooms in Saudi Arabia by 2025, a senior company executive told Argaam.
“Currently, we operate 1,000 rooms in the Kingdom. We are planning to reach 4,000 rooms if not more by 2025 with 20 hotels in our portfolio,” Ghassan H El-Hindi, group regional operation and development manager, MENA, Warwick, said during an interview at the Arabian Travel Market on Tuesday.
The hotel chain, which operates 55 hotels and resorts worldwide, will open five 4- and 5-star hotels - two each in Riyadh and Jeddah and one in Al Khobar - this year as it looks for new opportunities in Makkah, Madinah, Abha and Jubail.
According to El-Hindi, the prospects for the Kingdom’s hospitality sector is promising, given that new leisure and tourism facilities are forecasted to fuel domestic tourism at 8 percent per year until 2023 as well as boost international arrivals to 23 million.
“Given the new policies in Saudi Arabia, women driving and entertainment facilities available, the prospects are promising for the hospitality sector,” he noted.
Write to Parag Deulgaonkar at parag.d@argaamplus.com
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