Rotana, one of the leading hotel management companies in the region with hotels across the Middle East, Africa and Turkey, recently welcomed guests to Centro Olaya by Rotana hotel in Riyadh through a new strategic partnership with Elegant Hotels Company, one of the companies under the “Eng. Abdulelah Al Khereiji Group”. The opening of the new hotel comes amidst a rise in positive reports on the local hospitality sector as well as a nationwide economic boom that continues to drive hospitality companies to expand in the Saudi market and meet the growing demand for hotel units.

During a special ceremony attended by executive representatives from Rotana and Elegant Hotels, Rotana’s Chairman, Mr. Nasser Al Nowais, expressed his pride in launching the new hotel as part of the company’s portfolio in the Saudi market. He praised the partnership with Elegant Hotels, which has longstanding expertise in the field of restaurants and hotels development and management in the Kingdom, as well as an in-depth knowledge of the local hospitality market.

“The Kingdom of Saudi Arabia remains the preferred business destination in the region, and one of the most important business destinations in the world, especially with the state’s implementation of several mega development projects that will significantly support the Kingdom’s infrastructure and enrich the economic and social facets of its provinces. These projects will also pave the way for more important investment opportunities in the Hajj, Umrah, tourism, and industrial sectors, in addition to increasing the rate of direct foreign investment in the local market,” Al Nowais concluded.

From his end, Eng. Abdulelah Al Khereiji, chairman of Elegant Hotels stated: “We are happy to open the Centro Olaya in Riyadh through this unique strategic partnership that brings us together with Rotana, one of the leading hospitality companies in the Region.”

“The opening of this modern hotel reflects the trust of investors and management companies in the Kingdom’s economy, and it will become one of the most prominent hospitality establishments contributing to the country’s current boom and cultural development. It will also help fulfill the objectives of Vision 2030 in this vital and flourishing sector.” he added.

Al Khereiji concluded: “We are taking our partnership with Rotana to a new level and we are currently working on developing Centro Corniche by Rotana, which will open in Khobar soon.”

Rotana‘s Vice Chairman, Mr. Selim El Zyr, noted: “The Kingdom is expected to witness an immense expansion of hotels and resorts, as well as an increase in the number of travellers going through its airports. This comes at a time when the Kingdom continues to carry out more economic and social reforms, including direct investments in the tourism sector. In this context, Centro Olaya Hotel is an important addition to the local hospitality sector, which requires more development and investment. This pushes us to move forward in implementing our expansion plans led by a team of experts at Rotana. We look forward to inaugurating Centro Corniche soon, which is located in one of the most attractive spots on the corniche of Khobar.”

Centro Olaya by Rotana is the sixth Rotana Hotel in the Kingdom and the third in Riyadh, it is designed to meet the needs of guests who enjoy a smart and modern lifestyle and seek an affordable hotel stay without compromising on comfort.

The new hotel is strategically located in the heart of Riyadh near major business centers, leisure attractions and shopping areas between King Fahd Road and Olaya Street. It is few steps away from Al Tahliya Street, one of the most prominent shopping and entertainment districts in the Capital. Centro Olaya includes 156 modern rooms and studios, complemented by several unique entertainment and business facilities, which include two stylish contemporary restaurants, three fully-equipped meeting rooms, a multifunction events area, and a variety of recreational amenities, including treatment services, a rooftop swimming pool and a gym.

Centro Olaya Riyadh adds a new dimension to Rotana’s trademark authenticity and it is expected to become a popular destination for business trips and family vacations, as well as a getaway for couples seeking a relaxing stay in Riyadh.