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...