Millennium & Copthorne, Middle East and Africa (MEA) has opened the Copthorne Hotel Riyadh in Saudi Arabia.
The 143-key hotel is the first Millennium & Copthorne hotel in Riyadh with more upcoming hotels in the country.
Ahmed Serafi, general manager of Copthorne Hotel Riyadh said to Saudi Gazette: “we are excited to open our first hotel in the commercial hub and capital Riyadh. It is our sixth opening in Saudi Arabia and is just the beginning of an extensive expansion across the Kingdom; we are pleased to be forging ahead with rapid expansion in Saudi Arabia.”
Hotels in Saudi Arabia have seen a fall in the first quarter of 2017 with occupancy, rates and revenues all showing double-digit decreases, according to STR’s recent figures. Saudi Arabia has witnessed a surge in hospitality developments following the drop in oil prices a little over 12 months ago, experts at the Gulf and Indian Ocean Hotel Investors’ summit said recently.