Riyadh: A development in the heart of Makkah is set to have 24,000 hotel rooms completed by the end of 2023, its CEO has confirmed.
In an interview with Arab News on the sidelines of the Future Investment Initiative forum in Riyadh, Yasser Abuatek — head of Umm Al Qura For Development and Construction — said ‘Masar Destination’ is already 88 percent complete in terms of infrastructure.
He was speaking a day after Masar closed a $2 billion deal during the sixth edition of the FII forum to build seven towers, including 1,400 hotel rooms.
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