{"id":106666,"date":"2026-03-31T00:00:00","date_gmt":"2026-03-31T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?p=106666"},"modified":"2026-03-31T03:51:12","modified_gmt":"2026-03-31T03:51:12","slug":"a-saudi-us-venture-is-building-a-50-hotel-network-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2026\/03\/31\/a-saudi-us-venture-is-building-a-50-hotel-network-in-saudi-arabia\/","title":{"rendered":"A Saudi-US venture is building a 50-hotel network in Saudi Arabia"},"content":{"rendered":"

Intro<\/strong>ducing <\/strong>A<\/strong>yara<\/strong>: A 50-hotel network across the Kingdom.<\/strong> Saudi conglomerate Abdel Hadi Abdullah Al Qahtani & Sons (AHQ) is setting up a 50-hotel network known as Ayara under a USD 1 bn agreement inked with US-based Patel Family Office, according to a press release<\/a>. Under the agreement \u2014 inked at Miami\u2019s FII Priority Summit \u2014 the hotels will be up and running by 2029.<\/p>\n

Ayara aims to add 5k-7k rooms across \u201ckey economic corridors\u201d and \u201cemerging <\/strong>development zones\u201d<\/strong> like Riyadh, Jeddah, Dammam, NEOM, and the Red Sea region, specifically serving corporate travelers and regional headquarters. The Patel Family Office is partnering with ATQ Hospitality Group (an AHQ affiliate) to launch and operate Ayara.<\/p>\n

The pitch: <\/strong>Ayara is a vertically integrated platform that aims to bridge a gap in the Kingdom, where the surge in luxury hospitality has left a shortage in the corporate and business travel sector. By combining land acquisition, modular construction, and in-house manufacturing with hospitality management, Ayara plans to provide cost-effective and faster delivery.<\/p>\n

Saudi Arabia\u2019s hospitality market seems to be on the upswing<\/strong>, with recent entrant Brassbell Hospitality Group telling EnterpriseAM<\/a> that the local tourism industry is on track for \u201csustainable double-digit annual growth,\u201d late last year. Demand is expected to outrun supply especially in Jeddah and Riyadh, the firm said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ayara will add 5k-7k rooms to our hotel room capacity by 2029<\/p>\n","protected":false},"author":1,"featured_media":106667,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3461],"tags":[10,94],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-106666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hospitality","tag-enterpriseam-ksa","tag-hospitality","wpautop","entry"],"acf":{"mongo_id":"6ab8bde0-1828-4620-b16c-cb102cc9c55b","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/3\/1440.jpg","photo_position":"above","homepage_title":"","full_issue_title":"A 50-hotel hospitality network is on the way","related_issue":[106658],"teaser":"Ayara will add 5k-7k rooms to our hotel room capacity by 2029"},"yoast_head":"\nA Saudi-US venture is building a 50-hotel network in Saudi Arabia - 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