Saudi Real Estate signs management deal with Marriott

Riyadh-Mubasher: Saudi Real Estate Co. has signed an agreement with Marriott on Monday to operate and manage Courtyard by Marriott, a four-star hotel, and Residence Inn by Marriott Serviced Apartments.

The move will not have an impact on the company’s balance sheet in the short-term, the company said in a bourse statement.

Mubasher Contribution Time: 14-Dec-2015 13:12 (GMT)