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Element Hotel
| Owner | Saudi Real Estate Company (Al Akaria) |
Estimated Value | US$ 50,000,000 |
| Sector |
Infrastructure |
Sub Sector |
Mixed-Use Development |
| Country |
Saudi Arabia |
City |
Riyadh |
| Capacity | Approximately 250 rooms | Feasibility Start Date | Q2-2016 |
| Status | FEED/Design | Project End Date | Q4-2022 |
| Owner | Saudi Real Estate Company (Al Akaria) |
| Estimated Value | US$ 50,000,000 |
| Sector |
Infrastructure |
| Sub Sector |
Mixed-Use Development |
| City |
Riyadh |
| Country |
Saudi Arabia |
| Capacity | Approximately 250 rooms |
| Feasibility Start Date | Q2-2016 |
| Status | FEED/Design |
| Project End Date | Q4-2022 |
Project Overview
Background
Saudi Real Estate Company (Al Akaria) is constructing a 250-room hotel within the vicinity of the King Abdullah Financial District (KAFD) in Riyadh. It is expected to be completed by 2022.
Scope of Work
Scope of work includes the following:
- Approximately 250 rooms
- Reception area
- Car parking facilities
- Swimming pools
- All day dining outlets and restaurants
- Cafes and coffee shops
- Gym and fitness rooms
- Event hall
- Staff rooms
- Leisure facilities
- Ballroom
- Washrooms
Finance
Saudi Real Estate Company (Al Akaria) is the main financer behind this project.
Additional Notes
250 rooms consist of:
- Studios
- 1 bedroom suites
- 2 bedroom suites
- Fully equipped kitchens
- Signature heavenly beds
- Spa inspired bathrooms
Related Companies
Feed/Design
Pre Qualified
|
Typsa C Gomera, 9, 28703 - S.S. de los Reyes, Madrid Tel: +34 917 227 300 Email: [email protected] Web: www.typsa.com |
Short Listed
|
Typsa |
Awarded
|
Typsa |
PMC
Pre Qualified
|
KEO International Consultants Free Trade Zone, Future Zone, Flamingo Complex, Building 6, 13037 Tel: +965 2461 6000 Email: [email protected] Web: www.keoicsite.info |
Short Listed
|
KEO International Consultants |
Awarded
|
KEO International Consultants |
Operator
Pre Qualified
|
Starwood Hotels & Resorts Worldwide, Inc. St. Thomas, ON Canada N5P 4H4 Tel: +1 888 625 4988 Web: www.starwoodhotels.com |
Short Listed
|
Starwood Hotels & Resorts Worldwide, Inc. |
Updates
| May 2018 | Spanish firm Typsa has been appointed as the design consultant after signing a $2.91 million contract. |
| May 2017 | KEO International Consultants has been selected as the project management consultants (PMC) on the scheme. |
| Jan 2017 | The project is still in the early planning and study stage. |
| Jun 2016 | Starwood Hotels and Resorts have been appointed as the operators. |
| Apr 2016 | Feasibility study is currently underway for the construction of a 250-room hotel within the vicinity of the King Abdullah Financial District (KAFD) in Riyadh. It is being developed by Saudi Real Estate Company (Al Akaria). |