Manafa LLC Subsidiary Announces Further Expansion in KSA at Arabian Travel Market 2024
MANAFA LLC’s subsidiary Hospitality Management Holding – HMH took center stage at the yearly event of Arabian Travel Market (ATM) 2024 which was held from the 6th till the 9th of May at the Dubai International Convention Center.
During the four-day event, HMH showcased its further growth and expansion, particularly in the Kingdom of Saudi Arabia. HMH has seen a remarkable surge in its portfolio since its establishment in 2003, solidifying its position as a pioneer of the hotel management industry in the Middle East and North Africa. This is demonstrated by the hotel management company boasting an impressive 2,476 keys in 2024, which is more than double the 1,162 keys across properties in 2023.
The excitement will not stop there, as HMH is gearing up for a series of grand openings across the region. Over the next two years, HMH plans to open four hotels in Makkah, Madina and Yanbu with a total of 1,314 hotel rooms. With each new property, HMH reiterates its promise and commitment to deliver unparalleled guest experiences, while setting new benchmarks for luxury and comfort in the hospitality industry.
About MANAFA LLC
Established in October 2003, MANAFA LLC is a holdings company & investment house with a significant presence in the Middle East. Since its inception, the group has made a rapid expansion in the markets where it operates. MANAFA’s extraordinary vision, outstanding business acumen, and deep-rooted understanding of corporate ethos has contributed to its exceptional growth. The company’s diverse service offerings and progressive strategies has placed it among the highly trusted and eminent organizations within the region’s various industries including real estate, hospitality, integrated marketing services, Capital Markets, FX investment activities and Private Equity. For more information about MANAFA LLC visit manafa.com
