30 Dec The Ascott
Al Khobar, KSA
Owned by Riyad REIT, managed by Riyad Capital, the project is the first 5-star branded serviced apartments in the Eastern province. The project, consisting of 18 floors, will be operated by ASCOTT, an international company specialized in serviced apartments.
The Ascott Corniche Al Khobar will offer 172 serviced apartment keys, ranging from studios to 3-bed units. It will also include a health club and business area. Hotel procurement has been awarded to febc for both FF&E and OS&E.