KEC and Archipelago form JV to launch Saudi hotel brand
🏨 Knowledge Economic City (KEC) and Archipelago International are launching a hospitality management platform and a new Saudi hotel brand in Madinah. The joint venture's first project features a hotel with 2,500 keys, marking one of KEC’s largest assets. KEC spans 6.8 million square meters in Madinah, while Archipelago manages over 45,000 rooms. The hotel will boost employment opportunities and expand through franchise and licensing. Archipelago's partner, Maison Privee, will enhance short-stay services in Madinah.
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