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Holiday Inn Hotel Project - Jubail Industrial City
This project involves construction of a 4-star hotel Holiday Inn Hotel in Jubail industrial City Eastern Province, Saudi Arabia. The project covers the construction of a G+4 hotel over two land plots , spreading over Land area of 10,040 sq.m covering a built up area of 16,000 sq.m , provided by the Royal Commission for Jubail & Yanbu. It comprises: 144 rooms, 80 car parking spaces, A business center, Restaurants, Multi-function halls, A health club An outdoor pool and Spa All these facilities will be managed by Holiday Inn, as part of a franchising deal signed with InterContinental Hotels Group. A Local General Contracting company has been awarded the $12.57 million main construction contract to build the hotel. The project will be built in 20 months, starting from the announcement date and will be financed from the companys own funds along with bank loans.