Deals Counterparts

Marriott Partners with Al Qimmah Hospitality for 2,700-Room Hotel Expansion in Saudi Arabia

Partnership Hospitality announced Saudi Arabia Jan 14, 2026

Marriott International has announced a strategic partnership with Al Qimmah Hospitality, a subsidiary of BinDawood Investment, to develop five new hotel properties totaling over 2,700 rooms in Saudi Arabia. The expansion targets key cities including Jeddah, Makkah, and Madinah.

Deal Analysis

Marriott International has announced a strategic partnership with Al Qimmah Hospitality, a subsidiary of BinDawood Investment, to develop five new hotel properties comprising over 2,700 rooms in Saudi Arabia. This significant expansion targets key cities including Jeddah, Makkah, and Madinah. For Marriott, this represents a substantial commitment to growth in a strategically important market, leveraging a local partner for large-scale development. For Al Qimmah Hospitality and its parent BinDawood Investment, the partnership with a global hospitality leader like Marriott signals a major entry or expansion into the premium hotel development sector. The deal is notable for its considerable scale, involving over 2,700 rooms across five properties, which will significantly enhance the hospitality infrastructure in the targeted Saudi Arabian cities. The involvement of Marriott International, a globally recognized hospitality brand, alongside Al Qimmah Hospitality, backed by BinDawood Investment, underscores the strategic importance and potential of this venture. While the value of the deal remains undisclosed, the sheer volume of rooms and properties indicates a substantial investment in the region's hospitality sector, which is experiencing significant development.
  • Development of five new hotel properties.
  • Over 2,700 rooms planned.
  • Strategic locations in Jeddah, Makkah, and Madinah.
  • Partnership between global hospitality brand Marriott and local developer Al Qimmah Hospitality (BinDawood Investment subsidiary).

Timeline

Announced
Jan 14, 2026
Signed
Closed