Published on : Thursday, May 2, 2019
Warwick Hotels & Resorts (WHR) announced its expansion plans at the Arabian Travel Market (ATM) for the Middle East and North Africa (MENA) region. WHR is a global hospitality company with presence in 25 countries around the world.
Warwick Hotels & Resorts group aims to open 25 hotels representing 2,500 rooms by 2025. The company currently operates 16 hotels in the MENA region spread across Saudi Arabia, Qatar, Turkey and Lebanon, both in 4- and 5- star categories. Six new properties are coming up in Saudi Arabia, Dubai, Bahrain and Lebanon.
Mr. Jamal Serhan, Senior Vice President and CEO MENA, Warwick Hotels & Resorts (WHR) said that Saudi Arabia commands a giant’s share of the Arab GDP. It holds a strong potential for the growth of tourism and hospitality sector in accordance with Saudi Vision 2030.
As per him, new leisure and tourism facilities in KSA are expected to fuel domestic tourism at 8 per cent per year until 2023 as well as boost international arrivals to 23.3 million. Hence, investment in Saudi Arabia is very important for them. The region holds immense potential for their company.
Warwick Hotels & Resorts will be opening two hotels in Riyadh this year – one with 100 rooms and one with 90 rooms. Another property is coming up in Dammam with 105 keys.