logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. CEO: Alqasr Hotels operates all over Kingdom with 22 branches

CEO: Alqasr Hotels operates all over Kingdom with 22 branches

GHADA.ISMAIL
Jan 9, 2025
The Company offers a variety of accommodations through its group of hotels and apartments

Riyadh – Exclusive Sharikat Mubasher: Riyad AlShahrani, CEO of Alqasr Hotels Group stated that the company owns 22 branches all over the Kingdom in the Capital Riyadh, Western Province including Jeddah & Taif, and Southern Province including Abha, Khamis Mushait and Jazan.

In an interview with Sharikat Mubasher on the sidelines of the Saudi Tourism Forum 2025, AlShahrani mentioned that the Group has 3 hotel brands: Alqasr, which is the mother company, providing 3 star accommodations, Rhenium Hotels, providing both 3 and 4 star accommodations and Garden Millennium Hotels, which also offers 3 star accommodations.

AlShahrani lauded the efforts of the organizers of the Saudi Tourism Forum asserting that the company is keen on participating in all editions of the event since its inauguration to be able to introduce the company’s 3 brands to all the attendees, as well as explore partnership opportunities with potential partners.

AlShahrani revealed that the company is looking forward to signing management agreements with property owners, pointing out that the company currently is partnering with some major tourism platforms including Almosafer, and Booking.com.

Notably, the Saudi Tourism Forum in its 3rd edition is running from 7 to 9 January at the Roshn Front, Riyadh, and is expected to welcome over 100 exhibitors offering a thriving platform to explore the latest developments, showcase key investment projects, and foster skill development and partnerships to drive the growth of the tourism sector.

Tags

STF 25
Saudi Arabia
Hospitality
Alqasr hotel group
Share

Attract clients with your ad

Start Now

Trending

Monsha’at concludes AI Week in partnership with SDAIA
MUBASHER.SA
PIF holds $26.3bn stake in SpaceX as of end of June
MUBASHER.SA
Egypt’s Fawry submits request to obtain ‘Major PI’ license from SAMA
MUBASHER
PIF, Formula E launch STEM education platform 'Driving Force Presented by PIF'
MUBASHER.SA
Saudi Energy to deliver power infrastructure to Expo 2030 Riyadh site
Riyadh - Sharikat Mubasher: Saudi Energy signed a Power Supply and Implementation Agreement with Expo 2030 Riyadh Company, wholly owned by the Public Investment Fund (PIF), to deliver the power infrastructure required across the Expo 2030 Riyadh site.The agreement was signed by Khalid AlGhamdi, Chief Executive Officer of Saudi Energy, and Talal Al-Marri, Chief Executive Officer of Expo 2030 Riyadh, according to the official statement,The deal aims to establish the electrical infrastructure required to meet the power demands of Expo 2030 Riyadh. This includes the construction of a bulk supply point, three primary substations, and all associated transmission and distribution infrastructure.Leading Saudi companies, including Alfanar, Haif Company, Trading and Development Partnership, and Al-Babtain Power & Telecom Company, will support the execution of these worksAlGhamdi highlighted that the agreement reflects the critical role of Saudi Energy in supporting major national projects by developing a reliable and highly efficient power infrastructure.He emphasized that Saudi Energy will deploy its capabilities and expertise to execute Expo 2030 Riyadh’s electric supply requirements to the highest standards of quality and operational performance, supporting the readiness of this global event and aligning with the Kingdom’s development goals.For his part, Al-Marri said: “The agreement marks another important milestone, reflecting the accelerated progress across the various workstreams underway on site and reinforcing its readiness in line with the established delivery schedule.”He noted that the partnership with leading Saudi national companies reflects confidence in local capabilities and expertise, and their ability to deliver projects of this scale and ambition in line with the highest technical and operational standards. Moreover, the agreement marks a significant step toward securing the critical utility requirements of Expo 2030 Riyadh and enabling the timely development and successful opening of the event. 

Related News

Private Equities News
Calendar Icon
Aug 16, 2026
PIF holds $26.3bn stake in SpaceX as of end of June
Read More
Private Equities News
Calendar Icon
Aug 16, 2026
PIF, Formula E launch STEM education platform 'Driving Force Presented by PIF'
Read More
Private Equities News
Calendar Icon
Aug 16, 2026
Saudi Energy to deliver power infrastructure to Expo 2030 Riyadh site
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
UAE names 6 startups for inaugural Mastercard Lighthouse cohort
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
AIREV partners with Qualcomm to bring sovereign AI to enterprises
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
Money20/20 Middle East 2026 gathers global fintech leaders in Riyadh next month
Read More
Private Equities News
Calendar Icon
Aug 13, 2026
Riyadh Air, barq partner to advance airline payment technology development
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher