Marriott International Signs Deal to Introduce The Luxury Collection to Saudi Arabia in 2020

Assila Investments | October 10, 2019

Marriott International, Inc. (NASDAQ: MAR) has signed an agreement with Assila Investments to bring its Luxury Collection brand for the first time to the Kingdom of Saudi Arabia. Situated in the heart of Jeddah, Assila Hotel is anticipated to join The Luxury Collection’s portfolio of more than 100 world-renowned hotels and resorts in 2020. “We are thrilled to have Marriott International manage the beautiful Assila Hotel, under the Luxury Collection brand,” said Bader Alissa, CEO, Assila Investments. “This only affirms Assila Hotel’s position as a premier luxury hotel in Jeddah.” “We are delighted to announce plan...