Elaf Group to open a new five-star hotel in Jeddah
The Elaf Group of Companies, a SEDCO Holding Group company and a provider of travel, tourism, and hospitality services, will be opening a five-star hotel in Jeddah.
The addition to Elaf Group’s portfolio of hotels is part of its recent implementation of an expansion initiative aimed at further reinforcing its presence in the Kingdom of Saudi Arabia’s tourism and hospitality segment in line with the goals and objectives of Saudi Vision 2030 to support the national economy and to promote tourism.
According to a recent report released by TopHotelProjects titled The 2017 Saudi Arabia Hotel Construction Overview Report, the Kingdom’s capital is now in preparation to add 48 new properties.
The report also mentions that Riyadh leads the hotel boom, followed by Jeddah. To date, there are 170 hotels and 60,395 rooms across various stages of development in Saudi Arabia.
Elaf Group, chief executive officer, Ziyad Bin Mahfouz, said: “We are excited [about] the opening of our new five-star hotel in Jeddah, which is part of our ongoing move to strengthen our presence in the kingdom and the rest of the region.
“The new hotel is being expected to help address the demand for more hotel rooms in Jeddah, which clearly demonstrates the country’s rapidly thriving tourism industry–ably reflected in its continuous Year-on-Year (YoY) growth.”
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