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Eye of Riyadh
Business & Money | Thursday 31 December, 2015 3:52 am |
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Shapoorji Pallonji Co. appointed to build Marriott Hotel in Riyadh Diplomatic Quarter worth 259 million Riyals

Dur Hospitality Company appointed Shapoorji Pallonji engineering and construction to build Diplomatic Quarter Riyadh Marriott Hotel and Executive apartments. This Project, considered as an important and promising investment opportunity for “Dur” in terms of geographical location and unique design, is expected to be completed in 24 months for a total cost of 259 million Riyals.

Dr. Badr bin Homoud Al-Badr, CEO Dur Hospitality said: " the importance of this project lies in being the first international hotel opening its doors within the Diplomatic Quarters in Riyadh, home to foreign embassies, international organizations and many governmental and financial institutions and leading private corporations in the Kingdom. Diplomatic Quarter Riyadh Marriott Hotel and Executive apartments will be managed and operated by Marriott International under a long-term agreement with Dur.”

 

He Added: ”We’re Keen on choosing the best construction company to handle the development of this new hotel which requires modern and sophisticated building techniques, and for that reason we selected Shapoorji Pallonji engineering and construction company, considering its extensive experience in the hotel development projects globally, regionally and locally, which played a big role in winning the development contract of this project. "

 

It is worth mentioning that The Riyadh Marriott Hotel in the Diplomatic Quarters is a 5-star, fully-serviced hotel standing on a 25,000 m² land, designed by one of the most prestigious companies, inspired by the geological layers of Wadi Hanifa.

The hotel is comprised of 80 hotel rooms and 140 5-star, luxurious executive apartments, in addition to a main restaurant, a banquet hall with a capacity of 400 guests, a fitness center, and a parking lot with a capacity of 215 cars. 

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