Dan Company, Hilton to develop three resorts in Al-Ahsa

user icon
NOHA.GAD
calender icon
Mar 3, 2024
article image

Riyadh - Sharikat Mubasher: Dan Company, a Public Investment Fund (PIF) company specializing in agritourism, ecotourism, and adventure tourism, signed an agreement with the global hospitality brand Hilton to operate three resorts in Al-Ahsa, a recent press release unveiled.

The three resorts are Al-Ahsa Agritourism Resort, LXR Hotels and Resorts; Al-Ahsa Eco Resort, Curio Collection by Hilton; and Al-Ahsa Adventure Resort, Curio Collection by Hilton.

This master development project aims to create a premium farm-based tourism destination in Al-Ahsa that attracts visitors and offers them a diverse range of experiences.

Commenting on the partnership, Abdulrahman Abaalkhail, CEO of Dan Company, said: “The partnership with Hilton to operate the first three resorts in Al-Ahsa will see us combine Hilton’s world-class hospitality with the picturesque landscapes of Al-Ahsa. This part of Saudi Arabia offers unique experiences rich in cultural and natural beauty yet underrepresented in the current tourism landscape.”

Meanwhile, Chris Nassetta, President and CEO of Hilton, stated that the new resorts will expand Hilton’s footprint in Saudi Arabia where the company plans to quadruple its portfolio.

“Al-Ahsa is one of the key regions identified under the National Tourism Strategy of Saudi Arabia, and we are pleased to bring Hilton’s renowned hospitality brands to this unique new tourism development in the country,” Nassetta concluded.


Share

Related News

Iliad Partners completes second close of $50mn MENA-focused fund
News
Calendar Icon
September 30, 2025
Iliad Partners completes second close of $50mn MENA-focused fund
Read More
Merak Capital, CDF unveils $80mn private equity fashion fund
News
Calendar Icon
September 30, 2025
Merak Capital, CDF unveils $80mn private equity fashion fund
Read More
RIKAZ launches residential destination Khuzama Hills
News
Calendar Icon
September 30, 2025
RIKAZ launches residential destination Khuzama Hills
Read More
Dar Global opens regional headquarters in Riyadh
News
Calendar Icon
September 30, 2025
Dar Global opens regional headquarters in Riyadh
Read More
Schneider Electric signs over 10 MoUs at Riyadh Innovation Summit
News
Calendar Icon
September 30, 2025
Schneider Electric signs over 10 MoUs at Riyadh Innovation Summit
Read More
PIF acquires gaming giant Electronic Arts for $55bn
News
Calendar Icon
September 30, 2025
PIF acquires gaming giant Electronic Arts for $55bn
Read More
Biban 25 to welcome 1k exhibitors, 200 speakers in Riyadh this November
News
Calendar Icon
September 29, 2025
Biban 25 to welcome 1k exhibitors, 200 speakers in Riyadh this November
Read More
Sabika closes six-figure round to expand into Saudi Arabia, Middle East
News
Calendar Icon
September 29, 2025
Sabika closes six-figure round to expand into Saudi Arabia, Middle East
Read More
AngelAi expands in Saudi Arabia to drive ethical AI finance
News
Calendar Icon
September 29, 2025
AngelAi expands in Saudi Arabia to drive ethical AI finance
Read More
Kafalah program provides SAR 85.4 bn guarantees for SMEs in Q2-25
News
Calendar Icon
September 28, 2025
Kafalah program provides SAR 85.4 bn guarantees for SMEs in Q2-25
Read More