Shapoorji Pallonji to build 5-star Riyadh hotel
The five-star Quarter Riyadh Marriott Hotel and Executive Apartments is expected to cost $69m (SAR259m)
Shapoorji Pallonji Engineering and Construction has been appointed by Dur Hospitality Company to build Diplomatic Quarter Riyadh Marriott Hotel and Executive Apartments.
The five-star fully-serviced hotel, which will include 80 rooms and 140 executive apartments, is expected to cost $69m (SAR259m), according to a statement.
The project will be built on a 25,000 sqm plot of land and is expected to be completed in two years.
The hotel will feature a restaurant, banquet hall with a 400-people capacity, fitness centre and a 215 space car park.
Dr Badr bin Homoud Al-Badr, CEO of Dur Hospitality, said: "The important of this project lies in being the first international hotel opening its doors within the Diplomatic Quarters in Riyadh, home to foreign embassies, international organisations and many governmental and financial institutions and leading private corporations in the Kingdom.
"Diplotmatic Quater Riyadh Marriott Hotel and Executive apartments will be managed and operated by Marriott International under a long-term agreement with Dur."