Al Khozama Management Company is taking over the management of Hotel Al Khozama and Al Faisaliah Hotel in Riyadh, previously managed by Rosewood Hotels & Resorts.
The owner and now operator of the properties will also manage Al Faisaliah Resort at Durrat Arriyadh when it opens this year, which was initially planned to be managed by Rosewood Hotels & Resorts.
It brings an end 20 years of Rosewood involvement with Al Khozama.
Al Khozama Management Company president, Abdul Aziz Al Habib said the move 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,” he continued.
“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 endeavours.”
Rosewood Hotels & Resorts president, Radha Arora said partnering with Al Khozama had been a wonderful journey and Rosewood had been instrumental in supporting Al Khozama Management Company to become one of the leading Saudi hospitality brands.
“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,” he added.
Al Khozama will now conduct a full renovation at both of the hotels.
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