Radisson Hotel Group Signs With Al-Rajhi Investments for Two Hotels in Makkah, Saudi Arabia

Radisson Hotel Group | February 6, 2019

Brussels/ Dubai -- February 6, 2019 -- Radisson Hospitality AB, publicly listed on Nasdaq Stockholm, Sweden and part of Radisson Hotel Group, is proud to announce the signing of two new hotels in Saudi Arabia: the Radisson Hotel, Makkah Al Rahma and the Park Inn by Radisson Hotel, Makkah Al Rahma. The new agreement extends an existing partnership with renowned Saudi real estate developer and investor Sulaiman Abdulaziz Al-Rajhi and his real estate development company, Al-Rajhi Investments. The agreement increases Radisson Hotel Group's portfolio in Saudi Arabia to 43 hotels and more than 10,000 rooms in operation and under development. ...