19/10/2017 21:22 AST

Four Seasons Hotels and Resorts, the world's leading luxury hospitality company, and Jabal Omar Development Company (JODC), a leading developer in the Middle East, announce plans for a new Four Seasons hotel in the Holy City of Makkah (also known as Mecca) as part of the Jabal Omar integrated real estate development. Ideally located adjacent to Al-Masjid Al-?aram (the Grand Mosque) and with direct access and unobstructed views of the Haram, Four Seasons Hotel Makkah will offer the most gracious accommodations in the city.

Four Seasons Hotel Makkah will be the company's second location in Saudi Arabia, joining Four Seasons Hotel Riyadh at Kingdom Centre in offering the most luxurious accommodations and personalised service in the region.

"As Four Seasons continues to expand its portfolio in the Middle East, we are pleased to partner with JODC to create a fully customised Four Seasons experience in Makkah," says J. Allen Smith, President and CEO, Four Seasons Hotels and Resorts. "Each Four Seasons is reflective of its destination and the people who stay with us, and this project in particular is designed to accommodate the unique needs of those who visit Makkah. This magnificent new building will set the stage for tailored service in a luxurious environment, enhancing the connection to this important place for all who visit."

"Four Seasons will be the jewel in the Jabal Omar master development plan," says Yasser Faisal Al-Sharif, CEO of Jabal Omar Development Company. "With our design partners and Four Seasons, we will bring to life a vision for the ultimate hospitality experience to enhance Hajj and Umrah pilgrimages."

Award-winning architectural firm Foster + Partners was chosen following an international design competition for this prestigious project. Impressive in appearance and deeply thoughtful in its concept, the multi-towered building atop a retail podium cascades down toward the Grand Mosque, seamlessly integrating its public spaces into the Haram. An innovative design allows clear views of the Kaaba from every guest room and suite, each of which will feature one or more private prayer rooms. In total, there will be approximately 375 guest rooms and suites, plus approximately 90 Four Seasons Private Residences.

Additional features of the Hotel include three restaurants and lounges, a ballroom and meeting rooms, and a spa and fitness centre. The Hotel will also offer special facilities and programs for families.

About Four Seasons

Founded in 1960, Four Seasons Hotels and Resorts is dedicated to perfecting the travel experience through continual innovation and the highest standards of hospitality. Currently operating 106 hotels, resorts and residences in major city centres and resort destinations in 44 countries, and with more than 50 projects under planning or development, Four Seasons consistently ranks among the world's best hotels and most prestigious brands in reader polls, traveller reviews and industry awards. For more information and reservations, visit fourseasons.com. For the latest news, visit press.fourseasons.com and follow @FourSeasonsPR on Twitter.

About Jabal Omar Development Company

Jabal Omar Development Company (JODC) is one of the largest real estate developers in the Middle East and one of the largest listed companies in the Saudi Tadawul Stock Exchange. Its flagship project, Jabal Omar, is an integrated real estate development within walking distance of the Grand Mosque in Makkah Al Mukarramah. As the Kingdom of Saudi Arabia continues to increase its capacity to welcome a growing number of Hajj and Umrah performers, the company is also a proud contributor to the development of the area surrounding the Grand Mosque and strives to offer the visitors and residents of Makkah a unique spiritual and living experience. The area of the land covers 230,000 square metres and includes 39 towers.


Press Release

Jabal Omar plans to build passenger terminal in Makkah

04/03/2018

Jabal Omar Development Company, the largest listed real estate group in Saudi Arabia by market capitalisation, said it has signed a deal with Saudi Ground Services Company (SGS) to conduct a joint st

Trade Arabia

Saudi developer Jabal Omar to close Umm Al Qura merger deal in 2018

02/03/2018

Jabal Omar Development Co. , one of Saudi Arabia's largest listed property developers, expects to finalize its merger deal with Umm Al Qura Development and Construction in 2018, a senior company exec

Arab News

Saudi's Jabal Omar picks two banks for sukuk sale early next year

01/11/2017

Saudi Arabia's Jabal Omar Development Co, one of the country's largest listed property developers, has hired two banks to manage a sukuk sale which could exceed 4 billion riyals ($1.07 billion) and i

Reuters

Ticker Price Volume
RIBL 24.84 6,676,931
ALRAJHI 85.00 7,711,297
ARDCO 29.25 233,374
ABC 0.35 370,000
NADEC 27.30 1,369,614
DU 6.55 441,215
ZAINKSA 10.82 1,868,409
JABALOMAR Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
MCDC 120.20 1.40 (1.17%)
DARALARKAN 14.98 0.02 (0.13%)
TAIBA 47.05 0.30 (0.64%)
EMAAREC 8.88 -0.08 (-0.90%)
CENOMICENTERS 20.24 0.00 (0.00%)
EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula