Naif Alrajhi Investment & Accor debut first TRIBE and TRIBE Living in Saudi Arabia
RIYADH, SAUDI ARABIA – Accor, an global-main hospitality community, and Naif Alrajhi Investment, are proud to train the signing of the main TRIBE and TRIBE Living addresses in Saudi Arabia inner King Salman Park venture. This milestone reflects both TRIBE’s bold global expansion and the Saudi Imaginative and prescient 2030 to assemble brilliant city areas that encourage residents and company alike. This follows the King Salman Park Foundation’s announcement excellent One year to form the main staunch estate investment train inner King Salman Park, in partnership with Naif Alrajhi Investment.
This settlement reinforces the tough and rising partnership between Accor and Naif Alrajhi Investment following the successful launch of Fairmont Ramla Serviced Residences excellent One year.
TRIBE is redefining unique hospitality with its bold, own-led come that provides all the pieces guests need and nothing they don’t. The sign delivers intelligently crafted areas which would possibly perhaps perhaps perhaps be unapologetically unique, natty, and accessible – glorious for the unique technology of travelers looking out for consolation, efficiency, and affordability in a linked and up to the moment environment.
Positioned in King Salman Park, for sure one of the sector’s glorious city parks, Kit 1, spans a good 290,000 sq. metres. This venture represents the main blended-employ pattern in the park to be developed in partnership with Naif Alrajhi Investment and can encompass residential items, commercial offices, retail areas, restaurants, a college, hotel, community products and companies, and public areas. Strategically positioned shut to key park attractions such because the Royal Arts Advanced and Company Pavilion, the district gives simple access to King Abdul Aziz Avenue, two metro stations, and a BRT place. Surrounded by greenery and positioned between two wadis, it blends seamlessly with the park’s pure panorama.
TRIBE Riyadh King Salman Park
The unique-map property will characteristic 250 rooms, two restaurants, including a rooftop dining abilities, alongside adaptable meetings products and companies and feast corridor. Company will revel in wellness-focused products and companies, including a train of the art gymnasium and swimming pool, designed to provide both consolation and inspiration for all travelers.
TRIBE Living Riyadh King Salman Park
TRIBE Living will introduce 150 natty residences, ranging from studios to three-bedroom items, paired with shared areas cherish the clubhouse, providing a seamless blend of dwelling-cherish comforts and convenient hotel products and companies. Residents will rob pleasure in access to the hotel’s dining and leisure products and companies, guaranteeing a linked and brilliant community abilities.
Accor’s collaboration with Naif Alrajhi Investment underscores the importance of strategic partnerships in the online website. Naif Alrajhi Investment, with its broad abilities in staunch estate and diverse portfolio spanning more than one sectors, brings a shared imaginative and prescient of elevating hospitality requirements in Saudi Arabia.
As a staunch estate developer and grasp lessee of the King Salman Park Kit 1, blended-employ venture, we’re proud to be contributing to the conclusion of Imaginative and prescient 2030 and pattern of our nation’s staunch estate sector. We are cheerful to be working with Accor all over again, a trusted accomplice, to introduce unique and iconic producers to the native market for the main time. This partnership is a main step forward in our ongoing commitment to handing over world-class destinations that cater to both native and global audiences. Naif Saleh Alrajhi, Chairman & CEO for Naif Alrajhi Investment
This collaboration is a testament to our commitment to the Saudi market and our alignment with Imaginative and prescient 2030. The introduction of TRIBE and TRIBE Living to Saudi Arabia showcases our focal point on own-led, standard of living experiences that meet the rising request of for up to the moment, accessible hotel offerings in Riyadh. We are angry to continue our tough collaboration with Naif Alrajhi Investment to carry this groundbreaking venture to lifestyles. Duncan O’Rourke, Accor’s Chief Govt Officer, Top class, Midscale & Economic system producers for Heart East, Africa and Asia Pacific
As Saudi Arabia’s capital, Riyadh continues to adapt staunch into a world vacation website for enterprise and leisure. Town’s hospitality panorama has remodeled severely, driven by Imaginative and prescient 2030 initiatives, a surge in dapper-scale occasions, and rising request of for high quality accommodations. Accor continues to play a pivotal characteristic in this transformation, with over 1,683 operational keys in Riyadh and a pair of,740 keys in the pipeline.
About Naif Alrajhi Investment
Naif Alrajhi Investment, established as premier investment community in Saudi Arabia and a world footprint in 5 international locations, invests in Right Property, Capital Markets, and Mergers and Acquisitions. The community prides itself on the variety in its staunch estate portfolio and had solidified its presence in 13 varied sectors including Right Property, Hospitality, F&B, Mining, Contracting & Interior Solutions, Monetary Markets, Marcom and Logistics, amongst many others. Leveraging its broad market and investment information, Naif Alrajhi Investment has turn staunch into a catalyst for growth, both in the community and internationally, known for its innovation, partnership-driven investments, and focal point on community enhancement
About Accor, an global-main hospitality community
Accor is an global main hospitality community offering experiences across more than 110 international locations, over 5,700 properties, 10,000 meals & beverage venues, wellness products and companies or versatile workspaces. The Group has for sure one of the alternate’s most diverse hospitality ecosystems, encompassing more than Forty five hotel producers from luxurious to economic system, as successfully as Daily life with Ennismore. Accor is fascinated by utilizing certain motion by enterprise ethics, responsible tourism, environmental sustainability, community engagement, diversity, and inclusivity. Based in 1967, Accor SA is headquartered in France and publicly listed on the Euronext Paris Inventory Alternate (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. For more information, please visit community.accor.com or observe us on X, Facebook, LinkedIn, Instagram and TikTok.
Cybelle Daou
Director PR & Communications Heart East, Africa and Türkiye
Accor
