KSA Business: Diriyah Gate announces 14 hotels as part of $50bn plan – Gulf Digital News

  • Date: 01-Dec-2021
  • Source: Gulf Daily News
  • Sector:Economy
  • Country:Saudi Arabia
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KSA Business: Diriyah Gate announces 14 hotels as part of $50bn plan – Gulf Digital News








Saudi Arabia’s Diriyah Gate Development Authority (DGDA) has announced the first 14 of its planned 38 hotel brands as part of the $50.6 billion transformation of the historic city of Diriyah over the coming years.



DGDA has received overwhelming interest from the world’s most revered luxury five-star brands to have a presence within the development’s carefully curated collection of 38 hospitality brands. Currently the concept design is nearing completion for the first 14 brands and DGDA looks forward to unveiling additional hotel operators as their designs advance further.



The development located 15-minutes north-west of Riyadh – which remains on time, on budget and on track – will be the first giga project in the world to simultaneously open, ground-break and announce world class assets every year from 2022 until completion in 2026. It will also be the first of Saudi Arabia’s giga projects to open assets, with its first 18 restaurant brands launching in Bujairi Terrace in early 2022.



The hotel brands are strategically located across two of DGDA’s four masterplans – Diriyah Gate and Wadi Safar.



Hotel brands coming to Diriyah Gate Phase One, a five-sq-km mixed-use heritage, tourism and lifestyle destination, set to become the world’s largest cultural and heritage city –