AS a significant step after 20 years of a successful relationship, Al Khozama Management Company (AKMC) and Rosewood Hotels & Resorts have agreed that Al Khozama Management Company will assume direct management of its assets, Al Faisaliah Hotel and Hotel Al Khozama, starting April 1, 2015. In addition, Al Faisaliah Resort at Durrat Arriyadh will also be managed by Al Khozama when it opens at the end of 2015. Al Khozama Management Company was established in 1995 and has been a pioneer in the hotel industry. The company currently operates a collection of five star hotels located in the Holy City, the Eastern region, and several key cities in Saudi Arabia including Bay La Sun Hotel & Marina at the King Abdullah Economic City. Drawing on the company's international experience, Al Khozama will be renovating the rooms, restaurants and meeting spaces of both Al Faisaliah & Al Khozama Hotels. This refurbishment will maintain the outstanding reputations enjoyed by both hotels and enable the properties to continue to offer a level of service that is unparalleled in Riyadh. Abdul Aziz Al Habib, President of Al Khozama Management Company, said: “This announcement was driven by the vision of the chairman and by the support of the board of directors and the investors' trust. It is truly a milestone for this company. We are confident that the company will provide world-class results that will make all of us proud. I would also like to thank Rosewood and I wish them all the best with their future endeavors.” “Partnering with Al Khozama has been a wonderful journey and Rosewood has been instrumental in supporting Al Khozama Management Company to become one of the leading Saudi hospitality brands,” said Radha Arora, president, Rosewood Hotels & Resorts. “Rosewood has established an excellent reputation in the Middle East and will continue to have a presence in the region with Rosewood Jeddah and Rosewood Abu Dhabi.” — SG
