FINANCIAL NEWS

Saudi Arabia set to host first Nobu hotel in 2013

27 May 2012

(MENAFN) Luxury hotelier Nobu Hospitality is ready to open its first hotel in Saudi Arabia next year, as the company aims to tap on the growing hospitality industry in Saudi Arabia and the Gulf region, Arabian Business reported.

The copmay inked a management deal with Dhaliliyah Investments to operate the Nobu Hotel Riyadh.

The company said in a statement that the Nobu Hotel Riyadh will include a Nobu restaurant, adding that the hotel would be run through a joint venture called Saudi Nobu.

It is worth mentioning that Nobu Hospitality is owned by Japanese chef Nobu Matsuhisa, Hollywood star Robert De Niro and Meir Teper.

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