assila investments
Shangri-La Jeddah Opens in Saudi Arabia
Shangri-La | February 23, 2022
Jeddah, KSA –February 23, 2022 – Shangri-La is making its brand debut in Saudi Arabia on 22nd February – the Kingdom’s inaugural Founding Day – with 220 new light-filled accommodations, three exceptional restaurants, extensive wellness facilities, and a dedicated kids’ club. The opening of Shangri-La Jeddah marks the dawn of a new era for Saudi Arabia as a leisure destination, welcoming discerning travellers in a location blessed by endless views of the Red Sea and set to become one of the city’s most vibrant lifestyle and dining destinations. The hotel is perfectly positioned within proximity of the city’s premier shopping ...
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...
Assila Investments and Shangri-La Sign Contract for Management of Shangri-La Hotel, Jeddah
Shangri-La Hotels and Resorts | November 16, 2015
BEIJING, Nov. 16, 2015 -- Shangri-La International Hotel Management Limited and Assila Investments today signed a contract for the management and operation of a 236-room hotel and serviced residences development in Jeddah, the second-largest city in Saudi Arabia and the principle gateway to Mecca. Slated to open in early 2018 Shangri-La Hotel, Jeddah will be the first Shangri-La in Saudi Arabia and an iconic landmark in the Middle East. Shangri-La Hotel, Jeddah will be housed in a prominent 65-storey development located on Jeddah Corniche Road facing the Red Sea. The group will also manage and provide services to the 122 apartments that...
Assila Investments and Shangri-La Sign MOU for Management of New Luxury Hotel in Jeddah
Shangri-La Hotels and Resorts | May 27, 2015
Hong Kong, May 27, 2015 – Shangri-La International Hotel Management Limited and Assila Investments have signed a Memorandum of Understanding in relation to the management and operation of a luxury hotel and residences development in Jeddah, the second-largest city in Saudi Arabia and the principle gateway to Mecca. Slated to open in early 2018, it will be the first Shangri-La in Saudi Arabia. The 242-room hotel will be in a prominent 65-story development located on Jeddah Corniche Road facing the Red Sea. Shangri-La will also manage and provide services to the 122 residences in the tower. The hotel will feature three restaurants, func...
