Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Travel & Tourism)
Filter PR by
  
Elaf Group affirms commitment to help promote tourist accommodation services in support of efforts to boost KSA tourism segment
 

December 21, 2016 – In support of the Saudi government’s efforts to boost the domestic travel and tourism sector in line with the country’s economic diversification scheme, Elaf Group, a SEDCO Holding Group company, has recently entered into a strategic lease partnership agreement with Al Aqeeq Real Estate Development to rent the Al Majeedi Residential Center situated in front of Al-Masjid Al-Nabawi, north of Madinah Al Munawara.

The agreement was signed by Ziyad Bin Mahfouz, CEO, Elaf Group, and Aymen Bin Hamza Saeed, CEO of Al Aqeeq Real Estate Development and CEO of Taiba Holding Company.

Under terms of the agreement, the Al Majeedi Residential Center will be renamed as Elaf Al Majeedi Hotel—serving as the latest addition to the growing portfolio of Elaf Hotels Company, a subsidiary of the Elaf Group. The new hotel is expected to accommodate the growing number of tourists who visit the KSA for religious purposes such as Hajj and Umrah as well as to see religious sights and its rich cultural traditions.

Bin Mahfouz pointed out that the move complements the Group’s expansion strategies to strengthen its presence in the country by providing the highest quality of hospitality services to the visitors arriving in Al Madinah Al Munawara.

Bin Mahfouz explained that the number of tourists arriving in the KSA is expected to register a continuous upwards momentum in the coming years, complementing the ‘Saudi Vision 2030,’ which was launched by the government of the Custodian of the Two Holy Mosques. “Expansion and development are key priorities of the Elaf Group to achieve excellence by constantly innovating its services and keeping them relevant and up-to-date as per the market requirements. The signing of this new lease agreement with Al Aqeeq Real Estate Development is part of our ongoing efforts to reinforce the Group’s leading position in the hospitality sector across Saudi Arabia and the Middle East,” concluded Bin Mahfouz.

Posted by : Dubai PR Network Editorial Team
Viewed 4685 times
PR Category : Travel & Tourism
Posted on : Wednesday, December 21, 2016  3:05:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Dubai welcomes 1,000 delegates from 24 countries to experien...
Next Story : Mövenpick Hotels & Resorts unveils fresh new logo
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Chloé eyewear introduces the new "Nola" sunglasses collection [14738-Views]
Middle East and African beauty and personal care market to grow to US$34.5 billion by 2021... [14109-Views]
Global Innovations on its first day of success during the Arabian Travel Market 2017 [11584-Views]
TRESemme Hair Academy Launches in Arabia with Georges Mendelek and Alanoud Badr [10742-Views]
Alice + Olivia by Stacey Bendet takes over the W Café Doha [10132-Views]
Nautica Spring 2017 Collection [10108-Views]
ArabianTravel Market: New partnerships and tailored services for Middle Eastern guests [9437-Views]
Mövenpick Hotels & Resorts' Pakistan Presence Blooms as Firm Signs New Property in th... [9132-Views]
MASSIMO DUTTI SS17 inspires an essential piece for Massimo Dutti women [8936-Views]
Tame Your Beard with The Art Of Shaving [8924-Views]
Introducing the First Collection of Luxurious Oriental Scents from Juicy Couture [7863-Views]
Michael Kors Collection Transeason 2017 [7088-Views]
H.H. Sheikh Ahmed lays foundation stone of Silicon Mall at Dubai Silicon Oasis [6844-Views]
TAG Heuer announces its partnership with Dubai at Arabian Travel Market 2017 [6734-Views]
8 Reasons Why you will never drink green tea again [6564-Views]
Godiva Ice Cream [6472-Views]
Doha Bank achieves 2.9% profit growth with impressive ratios [6015-Views]
Joyalukkas Opens a world of choice in Al Ahsa [6008-Views]
Roderer's RFID-blocking wallets [5862-Views]
Jewel Corner Opens Kiosk In The Heart of Sharjah, At Mega Mall [5691-Views]
Artificial Intelligence and LG's Robotic Technologies are set to change the way will live ... [5661-Views]
Stadium's Outfit of the Week: Speedo swimwear [5642-Views]
Malabar Gold & Diamonds opens its 175th showroom in Nagercoil, Tamil Nadu, India [5466-Views]
MG E-motion Concept Makes World Premiere at the 17th Shanghai International Auto Show [5386-Views]
Chronoswiss Flying Regulator Wins Coveted Red Dot Design Award [5191-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories