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17/07/2017 06:04 AST
Jabal Omar Development Company, the area's leading property developer and Dubai Holding, signed an agreement to develop Jabal Omar Jumeirah Makkah Hotel. Under the agreement, Jumeirah Group the world-renowned luxury hospitality brand, will manage the new four-tower hotel with stunning views within walking distance of the Holy Mosque.
The hotel will feature 1033 hotel rooms along with 93 villas. The hotel features its own restaurants and spectacular views, as well as numerous meeting and conference facilities, a sports club and over 90 retail outlets. The Jebel Omar Jumeirah Makkah Hotel will be operational in early 2019.
This is a strategic addition that will enhance the global presence of Jumeirah Group, bringing the number of luxury hotels and resorts to 22 hotels and luxury resorts with 7,164 hotel rooms worldwide.
Commenting on the agreement, Jebel Omar's Chief Executive Officer Yasser Bin Faisal Al Sharif said: "Jebel Omar Development Company is committed to offering superior, five-star hospitality services in the Holy City and we are pleased to partner with Jumeirah Group for this development.
We are pleased to work with an established global hospitality brand grown in our region, and look forward to fruitful cooperation with Dubai Holding to reap mutual benefit for our guests and shareholders alike. I am confident that this partnership will create the most iconic property in Makkah."
Abdulla Al Habbai, Chairman of Dubai Holding, said: "Dubai Holding takes great honor in announcing the addition of this unique property to the Jumeirah Group portfolio. As the company embarks on its next phase of growth, adding such a strategic and large hotel to the portfolio is a key milestone in our ambitious international expansion strategy. Jabal Omar Jumeirah Makkah Hotel will significantly boost its growth in the coming years. It will also mark the Group's first presence in the Kingdom of Saudi Arabia in Makkah, one of the holiest sites in the world and the highest in real estate value.
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