Amsa Hospitality and Artal Hotels announce the signing of hotel management agreements for three properties in Riyadh, as well as a memorandum of understanding between Hyatt and Artal Hotels, in connection with plans for the hotels to join Hyatt’s portfolio of brands. The announcement reflects the growing collaboration between Saudi companies and global hospitality players, as the Kingdom’s hotel sector continues to attract rising regional and international interest.

The signing covers three properties in Riyadh’s Al Muhammadiyah, Al Sahafa, and Al Nafel districts, comprising one new-build hotel and two brand conversions.
Currently under development in Al Nafel, the planned all-suite hotel is expected to offer 70 units ranging from 35 to 72 square meters, plus a restaurant and a café. The second property, in Al Sahafa, is anticipated to comprise 131 rooms and suites, including a royal suite, as well as a restaurant, two large meeting rooms, a gym, and a spa. The third property, located on Takhassusi Street in Al Muhammadiyah, is expected to offer 99 keys, from deluxe rooms to executive suites, alongside two dining venues, five event spaces, and leisure and wellness facilities.
Aamir Riaz, Chief Operating Officer of Amsa Hospitality, said: “At Amsa Hospitality, we are focused on operating hotels that respond to clear market demand in Saudi Arabia’s most active destinations. These hotel management agreements with Artal Hotels reflect our confidence in Riyadh’s continued growth as a hospitality hub, while bringing together local Saudi expertise, strong ownership, and the reach of Hyatt’s global brand portfolio.”
Fahad Al Khunaini, Chief Executive Officer at Artal Hotels, commented: “In selecting Amsa Hospitality to manage these properties, we have secured a partner with proven experience in operating hotels under global brands while adapting them to the local Saudi environment. The team at Amsa Hospitality has demonstrated the ability to bring these elements together in a way that supports guest experience and commercial performance. We are confident this collaboration and the strength of Hyatt brands will create long-term value for all three properties.”
Briana Swift, Vice President Development for Saudi Arabia at Hyatt, added: “For Hyatt, working with knowledgeable local owners and operators is important as we continue to thoughtfully grow our presence in the Kingdom. Through this memorandum of understanding with Artal Hotels, we anticipate working with experienced industry players who understand how to protect the strength of our brands while shaping experiences that resonate with both domestic travelers and visitors to Riyadh from around the world.”

The properties are expected to open and be rebranded in phases, with all three anticipated to operate under Hyatt’s global brand portfolio by the end of 2026.