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FINANCIAL NEWS
Saudi Elaf Group opens 2 hotels in Al Madinah
09 Jul 2012
(MENAFN) Saudi hospitality firm Elaf Group of Companies announced the opening of two new hotels in Al Madinha Al Munawara, as the company seeks to tap into booming hospitality sector in the Kingdom, Saudi Gazette reported.
Al Bustan and the Al Nakheel, with a total of 279 rooms, are part of the Elaf Group’s plan to expand and become a major player in the Kingdom’s tourism growth.
Ziyad Bin Mahfouz, President, Elaf Group of Companies, said that the openings came in a perfect timing as the peak season for pilgrimage is fast approaching.
He added that the locations of the two hotels will help cater to the various needs of those visiting Al Madinah.
He also confirmed that the openings complement the government’s continuing initiative to promote tourism diversification and parallel development across all levels, including tourism for religious purposes.
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