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From left to right, Govind Mundra, Head of Advancement, Middle East & Africa, Wyndham
Hotels & Resorts; Dimitris Manikis, President, EMEA, Wyndham Hotels & Resorts; Fiaz Talal Alenezi, Chief Executive Officer, Le Park Concord Business; Mohamad Haj Hassan, Country Head Kingdom of Saudi Arabia, Wyndham Hotels & Resorts; and Ehab Abu Isba, Chief Financial Officer, Le Park Concord Business.- Image Credit Wyndham Hotels & Resorts and Le
Park Concord Business have participated in an unique development arrangement to introduce 100 Super 8 by Wyndham hotels in Saudi Arabia over the next years. Wyndham Hotels & Resorts has actually entered into an advancement agreement with Le Park Concord Business to develop 100 Super 8 by Wyndham hotels across Saudi Arabia within the next 10 years. This relocation marks the company’s commitment to cultivating accessible and sustainable hospitality within the region.
The Ministry of Tourism of Saudi Arabia actively supports the collaboration, aligning the initiative with the country’s nationwide tourist objectives. Le Park Concord is a hotel operator and designer in Saudi Arabia, presently managing over 900 rooms throughout 13 homes and establishing an extra 13 hotels.
This tactical offer aims to make quality, economical travel more accessible. As tourist accelerates in Saudi Arabia with millions of tourists going to the nation each year, the need for reputable, economical accommodation continues to grow. The cooperation with Le Park Concord will help meet this requirement by introducing a trusted brand name in key cities and along significant highways.
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As Saudi Arabia undergoes quick improvement under Vision 2030, Wyndham and Le Park Concord are poised to meet the rising need for quality, budget-friendly accommodations among worldwide visitors and a growing domestic visitor base. In 2024, the Kingdom invited 30 million worldwide tourists, a 9.5 percent boost from the previous year, and according to Saudi Arabia’s Ministry of Tourist, that number is expected to reach 150 million annually by the end of the decade.
As part of the arrangement, the very first Super 8 hotel is anticipated to debut in 2026. Future areas are prepared along the Kingdom’s major highways and in essential city and transit centers, consisting of Riyadh, Jeddah, Makkah, Madinah, Al Khobar/Dammam, and surrounding locations. Lots of residential or commercial properties will feature clever modular building and construction and eco-conscious designs, lining up with both brands’ focus on effectiveness, sustainability, and guest convenience.
Despite Saudi Arabia’s tourism boom, branded economy lodgings remain underrepresented. According to Knight Frank, just 6% of the nation’s hotel pipeline is in the economy and midscale sections, producing a substantial supply gap that Super 8 is well-positioned to resolve.