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Saudi Arabia: Amsa Hospitality, Artal Hotels, and Hyatt have partnered on a three-hotel deal in Riyadh.
Amsa Hospitality and Artal Hotels have signed hotel management agreements for three properties in Al Muhammadiyah, Al Sahafa, and Al Nafel districts, comprising one new-build hotel and two brand conversions.
Currently under development in Al Nafel, the planned all-suite hotel is expected to offer 70 units ranging from 35 to 72 square meters, plus a restaurant and a café.
The second property, in Al Sahafa, is anticipated to comprise 131 rooms and suites, including a royal suite, as well as a restaurant, two large meeting rooms, a gym, and a spa.
The third property, located on Takhassusi Street in Al Muhammadiyah, is expected to offer 99 keys, from deluxe rooms to executive suites, alongside two dining venues, five event spaces, and leisure and wellness facilities.
A memorandum of understanding between Hyatt and Artal Hotels will see the three hotels join Hyatt’s portfolio of brands by the end of 2026. The properties are expected to open and be rebranded in phases.
Aamir Riaz, COO of Amsa Hospitality, said: “At Amsa Hospitality, we are focused on operating hotels that respond to clear market demand in Saudi Arabia’s most active destinations. These hotel management agreements with Artal Hotels reflect our confidence in Riyadh’s continued growth as a hospitality hub, while bringing together local Saudi expertise, strong ownership, and the reach of Hyatt’s global brand portfolio. ”
Fahad Al Khunaini, CEO of Artal Hotels, said: “In selecting Amsa Hospitality to manage these properties, we have secured a partner with proven experience in operating hotels under global brands while adapting them to the local Saudi environment. The team at Amsa Hospitality has demonstrated the ability to bring these elements together in a way that supports guest experience and commercial performance. We are confident this collaboration and the strength of Hyatt brands will create long-term value for all three properties.”
Briana Swift, VP development for Saudi Arabia at Hyatt, added: “For Hyatt, working with knowledgeable local owners and operators is important as we continue to thoughtfully grow our presence in the Kingdom. Through this memorandum of understanding with Artal Hotels, we anticipate working with experienced industry players who understand how to protect the strength of our brands while shaping experiences that resonate with both domestic travellers and visitors to Riyadh from around the world.”
Highlights:
- Amsa Hospitality and Artal Hotels have signed management agreements for three Riyadh hotels spanning the Al Muhammadiyah, Al Sahafa and Al Nafel districts.
- The new-build all-suite hotel under development in Al Nafel will provide 70 accommodation units, complemented by a restaurant and café upon opening.
- The Al Sahafa conversion is planned to deliver 131 rooms and suites with meeting facilities, a restaurant, gym and spa amenities.
- On Takhassusi Street in Al Muhammadiyah, the third hotel will offer 99 keys, two dining venues, five event spaces and wellness facilities.
- A memorandum of understanding with Hyatt will bring all three Riyadh properties into Hyatt’s brand portfolio through phased openings and rebrandings by the end of 2026.
