<\/p>\n\n\n\n
<\/p>\n\n\n\n
Accor, a world-leading hospitality\nGroup with over 420 hotels across India, the Middle East, Africa and Turkey is\nexpanding its footprint in the Kingdom\u2019s capital with the signing of a 170-key\nserviced apartment property, the very first Novotel Living to operate in\nRiyadh. The newly built property is set to open in 2026.<\/p>\n\n\n\n
The\nGroup continues to expand its partnership with Al Raya Estate Group, a pioneer\ncompany in real estate development and investment in Kuwait and GCC, with whom\nAccor will open the Swissotel Living Jeddah shortly.<\/p>\n\n\n\n
\u201cAl Raya Real Estate is\npleased launch its second serviced apartments project in the Kingdom in\npartnership with our operating partner Accor. We believe that there is a great\nopportunity in the market for quality serviced apartments products. The\nambitious vision to double the population of Riyadh and turn it into one of the\ntop 10 cities in the world for economic output by 2030 is a major factor why we\nhave chosen Riyadh to develop a world class extended stay project under the\nNovotel Living brand\u201d, mentioned Fahad Al-Alloush, CEO of Al Raya Real\nEstate. <\/strong><\/p>\n\n\n\n Novotel\nLiving Riyadh will be strategically located directly on King Fahd Road,\nRiyadh\u2019s main arterial road connecting all corners of the city. Moreover,\nguests travelling for business or leisure will benefit from the convenient\nproximity to King Abdullah Financial District, iconic business, and lifestyle\narea in the heart of Riyadh, and Digital City.<\/p>\n\n\n\n \u201cWe are pleased to expand our\nfootprint in the Kingdom and add Novotel Living Riyadh to our extended-stay\nportfolio\u201d, said Mark Willis, CEO of Accor India, Middle East, Africa and\nTurkey.<\/strong> \u201cIndeed, we have seen an\nincreasing appetite from both guests and investors for extended stay offerings\nin the Kingdom and are confident that the Novotel Living Riyadh will set the\nbenchmark for its segment in the market.\u201d <\/p>\n\n\n\n With the unique interior\nconcept designed by the Sundykovy Sisters, Novotel Living Riyadh will feature a\nmix of studios, one-bedroom apartments and two-bedroom apartments, a main\nrestaurant with indoor and outdoor\nseating,\na Clubhouse and a\nGrab & Go Concept, meeting spaces, fitness centre and a swimming pool.<\/p>\n\n\n\n Accor currently operates 40\nproperties in KSA (15,173 rooms) with 33 more properties (7,549 rooms) in the pipeline.<\/p>\n","protected":false},"excerpt":{"rendered":" Accor, a world-leading hospitality Group with over 420 hotels across India, the Middle East, Africa and Turkey is expanding its footprint in the Kingdom\u2019s capital with the signing of a 170-key serviced apartment property, the very first Novotel Living to operate in Riyadh. The newly built property is set to open in 2026. The Group …<\/p>\n","protected":false},"author":2,"featured_media":59103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-59107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"\n