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FINANCIAL NEWS
French Accor signs agreement to develop Novotel in Riyadh
27 Jun 2014
(MENAFN) Accor Hotelservices Middle East has said it has signed a management agreement with United Youth Company (UYC) to develop a new Novotel property in Riyadh, according to Arabian Business.
Located in the northern part of the Saudi capital, the hotel will have about 215 rooms and is expected to be completed in 2017. It is currently at the planning stage.
Once open, Novotel Riyadh Olaya will have dedicated meeting spaces, a fitness centre, wellness facilities and a swimming pool with deck. It will also feature an all-day dining and a lobby lounge with a cafe corner in addition to 24/7 room service.
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