Wednesday, September 26, 2018

Press Release: Archipelago International Signs First Makkah Hotel and Master Franchise Deal

FOR IMMEDIATE RELEASE (click for press release)

ARCHIPELAGO INTERNATIONAL SIGNS FIRST MAKKAH HOTEL AND MASTER FRANCHISE DEAL WITH JABAL OMAR DEVELOPMENT COMPANY'S SUBSIDIARY, WARIFAT HOSPITALITY
 

Jakarta, Indonesia, 26th September 2018Archipelago InternationalIndonesia's largest hotel group, today announced the signing of a long-term Master Franchise Agreement, with Jeddah based Warifat Hospitality Limited, a subsidiary of Jabal Omar Development Company (JODC), one of the largest listed companies on the Saudi Tadawul Stock Exchange.

This multi-hotel agreement grants development and branding rights to Warifat Hospitality for three of Archipelago's hotel brands: Grand Aston, Aston and Harper and will enable the roll out of these brands, not only at JODC's flagship development in Makkah but throughout the Kingdom of Saudi Arabia.

The first hotel being developed under this agreement will be the 560-room Jabal Omar Grand Aston, which is due for completion in July 2019. This 5-star hotel is located in a prime location within walking distance to the Grand Mosque and will be Archipelago's first hotel in Saudi Arabia, a market it views as one of the most important in its continued expansion internationally.

"In strategic terms, this is an historic agreement for our company and indeed for Indonesia, as we will be the first Indonesian based hotel company to enter the Kingdom's hotel market. Our hotel brands are the most widely recognized in Indonesia, which is the largest source market for pilgrims to Makkah and Madinah. This agreement foresees and caters for significant growth from the Indonesian market and it recognizes Archipelago as the hotel group best positioned going forward to cater to the growing numbers of Indonesian and Southeast Asian visitors to the Kingdom," said John Flood, President and CEO of Archipelago International.

Copyright ©2018 Archipelago International Hotels and Resorts, All rights reserved. 

For further information, please email:
Marketing@ArchipelagoInternational.com

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