Riyad REIT today announces that it has signed a contract with Marriott International to operate its Burj Rafal Hotel in Riyadh. The operation of the hotel will be handed over to Marriott in Q1 2020 and will remain open for guests until then. Following a renovation period, the property will be rebranded as a JW Marriott Hotel – marking the debut of the brand in Saudi Arabia.
“We’re excited to work with Marriott International to operate Burj Rafal Hotel – the tallest operational building in Riyadh. Marriott International will take over the operations of the hotel in Q1 2020 and will undergo an improvement plan during the year, which includes the introduction of new dining concepts such as Kahwet Al Mandaloun and JW Grill,” says Abdulaziz Al Mousa, Riyad REIT fund manager.
“The combination of one of the largest hotel operator’s luxury brands (JW Marriott) in a flagship property with new lifestyle dining options achieves our objective of positioning a destination in the northern growth corridor of Riyadh. Riyad REIT has been a proponent the Kingdom’s tourism drive and expanded business potential, and has been one of the only REITs with a strong focus on hospitality. The ambitious plans of the government to transform the leisure, entertainment, and business environment has already taken a foothold in the country. “
The property is part a 64-storey skyscraper, the one-of-a-kind tower in Riyadh is home to residential apartments, and STC Academy, the Saudi Telecom Company’s technology and leadership academy.
The Hotel will be also part of the future Capital Gate community, which is located between King Abdullah Financial District and Avenues Mall, expected to be the largest shopping mall in the Kingdom, and will be benefit from the connectivity to Riyadh metro.
Following the completion of the rebrand into a JW Marriott Hotel, the property will cater to sophisticated self-assured travelers seeking The JW Treatment™ – the brand’s philosophy that true luxury is created by people who are passionate about what they do.
