Dur Hospitality was honored as the “Hospitality Company of the Year”, at the MEED Award Ceremony 2017 held in Dubai on the 27th of November.
This accomplishment recognizes Dur’s outstanding performance in meeting business achievements, implementing sustainability programs, innovative practices and maintaining a healthy workforce culture.
Dr. Badr Al Badr, CEO of Dur Hospitality, commenting on this: “Earning this recognition from a reputable organization such as MEED is a strong testament of our breakthrough in developing the concept of hospitality in the Kingdom of Saudi Arabia following international standards with a localized touch.”
“We have been able to build a solid business model, through which we develop, manage and operate hotels and residential communities around the Kingdom. Our portfolio, worth SR. 2.37 billion, includes 20 existing facilities and 20 others under construction. Our plans and operations at Dur Hospitality blend smoothly with our vision to become the hospitality partner of choice in Saudi Arabia” he added.
Dur Hospitality’s strategy includes an investment of SR. 1.5 billion dedicated to building a portfolio of 20 hotels and six residential communities by 2023. Additionally, Dur has developed a complete business model for its services, including operational services offered through its strategic partnership with the best hotel operators in the world, such as Marriott International and InterContinental Hotel Group.
Dur Hospitality also operates through its Saudi Hotel brand, “Makarem Hotels”- the award-winning local brand, specialized in delivering international standards with an authentic Saudi touch, in the Holy cities of Makkah and Madina.