Marriott International Signs Agreement With Al Saedan Group to Bring Three Hotels to Saudi Arabia

Marriott International | March 23, 2021

March 23, 2021 - Marriott International, Inc. (NASDAQ: MAR) today announced it has signed an agreement with Al Saedan Group, a leading real estate company in the Middle East, to open three hotels across Saudi Arabia. The multi-project agreement includes the country and territory’s first Renaissance Hotel, the world’s largest Aloft Hotel and a Courtyard by Marriott in the Holy City of Makkah. All three properties are projected to open by 2025. “We are pleased to build on our fantastic relationship with Al Saedan Group and further expand our portfolio across Saudi Arabia with these milestone signings,” said Satya Anand, President for...