Dubai Holding and Jabal Omar Development Company have signed an agreement to develop Jabal Omar Jumeirah Makkah Hotel. The hotel, which is to be managed by Jumeirah Group, will be operational in early 2019.
Commenting on the agreement, Yasser Al Sharif, Chief Executive Officer of Jabal Omar Development Company, said, "Jabal Omar Development Company is committed to offering guests of the Great Mosque of Makkah, Masjid Al Haram, and visitors of the holy capital superior hospitality services, in accordance with the highest international standards.
We are pleased to work with an established global hospitality brand grown in our region, such as Jumeirah Group, and we look forward to a fruitful cooperation to reap mutual benefit for our guests and shareholders alike."
Edris Al Rafi, Chief Executive Officer of Dubai Holding, said, "Dubai Holding takes great honour in announcing the addition of this unique property to the Jumeirah Group portfolio. As the company embarks on its next phase of growth, adding such a strategic and large hotel to the portfolio is a key milestone in our ambitious international expansion strategy. Jabal Omar Jumeirah Makkah Hotel will significantly boost its growth in the coming years. It will also mark the group’s first presence in the Kingdom of Saudi Arabia in Makkah, one of the holiest sites in the world and the highest in real estate value."