黑料社区

France鈥檚 Louvre Hotels to create 3,500 new jobs in 黑料社区

France鈥檚 Louvre Hotels to create 3,500 new jobs in 黑料社区
France's Louvre Hotels is set to expand in 黑料社区 as the Kingdom moves closer to re-opening to tourists. (Supplied)
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Updated 27 May 2021

France鈥檚 Louvre Hotels to create 3,500 new jobs in 黑料社区

France鈥檚 Louvre Hotels to create 3,500 new jobs in 黑料社区
  • The group currently has 1,600 hotels with 132,253 rooms around the world, including 63 properties in the Middle East

RIYADH: Louvre Hotels Group is planning to create more than 3,500 new jobs as part of its strategy to expand its portfolio to nearly 50 hotels in the Kingdom by 2025.
It currently has 16 hotels in 黑料社区 and its expansion will begin this year with the opening of five new hotels. They are the 94-room Golden Tulip Riyadh, the 84-room Golden Tulip Unaizah, the 70-room Tulip Inn Dammam Corniche, the 150-room Tulip Inn Al Balaad Madinah and the 454-room Golden Tulip Umm Al Qurah in Makkah. The French hotelier is also planning to roll out the Campanile brand across the Kingdom.
鈥満诹仙缜 represents a strategic market for our global development, due in great part to its focus on tourism and the extraordinary choice of destinations it offers. Launching Campanile, our midscale brand, in this region is a point of pride for us because we want to inaugurate an innovative yet affordable offer, able to satisfy local customers and international tourists alike,鈥 Pierre-Fr茅d茅ric Roulot, CEO Louvre Hotels Group, said in a statement.
The company鈥檚 president, Amine E. Moukarzel, was one of more than 60 speakers taking part in the Tourism Recovery Summit 2021 in Riyadh this week.
Established in 1976 by French wine merchants the Taittinger Group, the Louvre Group was sold to Starwood Capital Group in 2005 and to China鈥檚 Jin Jiang International (Holdings) in 2015.
The group currently has 1,600 hotels with 132,253 rooms around the world, including 63 properties in the Middle East.
Middle East鈥檚 hotel occupancy rates approached 2019 levels during Ramadan and Eid Al-Fitr this year, according to data from the hotel management analytics firm STR.
The report highlighted near-normal occupancy levels in the region during the holy month, helping key markets outperform global peers.
Hotels in Alkhobar city, in 黑料社区鈥檚 Eastern Province, reported the highest average occupancy level in the Kingdom at 63.5 percent.
A separate global STR report from March said that 黑料社区 had the world鈥檚 biggest hotel pipeline.
The research found that the Kingdom鈥檚 expected a 67.1 percent increase in room supply over the next three years was the highest among the 50 most populated countries.
STR data shows 73,057 rooms in the Kingdom鈥檚 hotel pipeline. Of the total, 16,965 are scheduled to come online during 2021.
While a significant portion of 黑料社区鈥檚 pipeline activity is concentrated in Makkah, with 28,052 rooms under development, several other sub-markets across the country are expected to increase hotel supply by 50 percent or more.