UAE Business: Stella Stays expands to Saudi; first unit to open in June – Gulf Digital News

UAE Business: Stella Stays expands to Saudi; first unit to open in June – Gulf Digital News

UAE proptech start-up Stella Stays has announced its expansion into Saudi Arabia, with the first tech-enabled residential hospitality concept Stella Stays Riyadh Olaya Tower opening its doors in June 2022.

Stella Stays Olaya Tower offers modern, fully equipped, tech-enabled apartments and hotel suites, a coworking space, recreational and commercial amenities.

Stella Stays offers holidaymakers, business travellers, and residents a seamless hospitality experience, through leveraging ground-breaking technology and modern service. Guests and residents in Saudi Arabia will be able to use the Stella Stays app to navigate the entire journey - from booking and managing their stays, checking in, controlling smart home systems, to ordering a wide range of guest services. Payment terms are flexible and can be made through various methods, including debit, credit cards and crypto payments.

Riyadh and Jeddah are strategic locations for Stella Stays’ expansion with more than $1 trillion of real estate and infrastructure developments underway. The Kingdom’s economy has fuelled solid growth in residential construction with developers progressing a booming number of freehold apartment projects. Saudi Arabia also offers some of the most attractive set-up costs in the real estate sector in the region.

Mohammed Al Ghussein, Chairman of Stella Stays said: “We are extremely proud of our launch