The Elaf Group of Companies has signed an agreement with AMAC Investment to manage and operate two new hotels, the Elaf Mashal Al Madina and Elaf Mashal Al Salam in Saudi Arabia, according to a recent company statement.
The agreement was signed between Elaf group president Ziyad Bin Mahfouz and AMAC Investment chairman Abdul Aziz Bin Mohammed AlMashal to address rising visitor demands to Saudi Arabia, particularly those visiting the Madina Al Munawara area.
“We are very pleased at the signing of this strategic relationship with AMAC Investment, one of the Kingdom’s premier property developers. This agreement proves to be both timely and strategic as tourism in the Kingdom continues to flourish.
"Rest assured that we remain steadfast in our key commitment to provide world class, excellent services and top-of-the-line facilities to tourists visiting the Madina Munawara and other regions of the country,” commented Bin Mahfouz.
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The Elaf Mashal Al Madina offers 158 rooms while the Elaf Mashal Al Salam offers 208 rooms, bringing the total number of hotel rooms managed by Elaf to 3600. Both hotels are located in South-West central area of the Holy Masjid in Madina al Munawara region.
Also present during the signing ceremony were Elaf Hotels vice president Abdullah Bakri and AMAC Investment chief executive officer Mohammed Al Omran.
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