The property featuring 110 apartments and studios is scheduled to commence operations in Q2 of 2015.
“We are looking forward to further strengthening our presence in Saudi Arabia. This is our fourth project and underlines the importance the Kingdom”, said Kurt Ritter, president & CEO of Rezidor.
This development is undertaken by Prince Salman Disability Research Centre and is under the patronage of HRH Prince Salman Bin Abdul Aziz, the newly appointed Crowne Prince of the Kingdom. The proposed hotel residence is undertaken by His Highness for charitable purposes.
The property will cater to short-term hotel stays as well as medium and long-term demand. With its location, the Radisson Blu will serve diplomats, high net worth individuals and influential guests visiting the diplomatic quarter of the city.