SAUDI ARABIA: QIDDIYA TO SELECT 5 HOTEL CHAINS TO BE PART OF 6 FLAGS PARK THEME

Qiddiya Investment Company (QIC), the wholly owned subsidiary of Saudi Arabia‘s HRH Crown Prince Mohammad bin Salman-led Public Investment Fund (PIF), is selecting hotel chains to be part of the Six Flag theme park.

The information was exclusively disclosed to Construction Week by Qiddiya that local Saudi Arabian contractors would soon commence work on the Six Flags theme park within its 334sq km Qiddiya entertainment city gigaproject 40km outside Riyadh.

Qiddiya’s chief executive officer, Mike Reininger, said the firm was in the “middle of selecting” five hotel chains to be part of the masterplan.

Although Reininger could not disclose the names of hotel chains, he said work commencement at the Six Flags site was ‘imminent’.

The hotels are planned to open as part of Qiddiya’s first phase in 2023.

Commenting on the properties, Reininger added: “We’re going to have a range of hotels, from [affordable] all the way to luxury chains. There is an entry point for the full spectrum and they are not all going to be same in size.”

Ground was broken on Qiddiya on 28 April, 2018, and its masterplan was designed in conjunction with Bjarke Ingles Group, founded by Danish architect Bjarke Ingels.

Source: HotelierMiddleEast.com