KSA

Ascott signs new property in Al Khobar Capitaland’s wholly-owned servicedresidence business unit, The Ascott Limited, will be managing a third Citadines-branded property in Al Khobar. The project will comprise 54 apartments. Opening 2018 the-ascott.com Mövenpick expands in KSA The Swiss chain has entered into a management agreement with Karan Gulf Services, for a 237-room property, expected to be the largest hotel within Saudi Arabia’s Wa’ad Al Shamal industrial city. Opening Q2 2018 movenpick.com