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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: madrid@typsa.com
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: info@keoic.com
Web: www.keoicsite.info

Operator

Pre Qualified

Starwood Hotels & Resorts Worldwide, Inc.
St. Thomas, ON Canada N5P 4H4
Tel: +1 888 625 4988
Web: www.starwoodhotels.com

Related Contacts


KEO International Consultants

Name: SreeKumar S
Designation: Senior Planning Engineer
Email Address: sskacl@gmail.com
Linkedin:View
Twitter: www.twitter.com/sskacl
Name: Victoria Raciniewski
Designation: Sustainability Associate
Email Address: Victoria.raciniewski@keoic.com
Linkedin:View
Name: Ioic Finlan
Designation: Senior Sustainability Manager
Email Address: loic.finlan@keoic.com
Linkedin:View
Name: Scott Rudisel
Designation: Head of Design Department
Telephone:+971 4325 4931
Name: Nazir Ali
Designation: Document Controller
Email Address: nazir.ali@keoic.com
Name: Ahmed Taha
Designation: Project Manager
Telephone:+965 2461 6000
Name: Lourdes
Designation: HR Incharge
Telephone:+973 1756 5333
Email Address: malourdes.villanueva@keoic.com

Saudi Real Estate Company (Al Akaria)

Name: Fayadh Zanabi
Designation: Project Incharge
Telephone:+966 114 600 000

Starwood Hotels & Resorts Worldwide, Inc.

Name: Bart Carnahan
Designation: Senior Vice President
Email Address: bart.carnahan@starwoodhotels.com
Linkedin:View

Typsa

Name: Pablo Bueno Sainz
Designation: Chairman
Telephone:+34 917 227 300
Name: Carlos del lamo Jimenez
Designation: Deputy Chairman
Telephone:+34 917 227 300
Name: Pablo Bueno Tomás
Designation: President & CEO
Telephone:+34 917 227 300
Name: Miquel Roca i Junyent
Designation: Secretary to the Board
Telephone:+34 917 227 300
Name: Dolores Bueno Tom
Designation: Deputy Secretary to the Board
Telephone:+34 917 227 300
Name: Antonio Capilla Matarredona
Designation: Head of Project Management Division
Telephone:+34 917 227 300
Name: Julio Macias
Designation: Project Manager
Telephone:+966 114 079 709


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).


Location