Cheval Collection, the UK-based, award-winning luxury hospitality company specialising in top quality serviced apartments, has signed an agreement with KSA’s Ladun Investment Company to open a second site in Riyadh, Saudi Arabia, further strengthening the group’s presence in the Kingdom and reinforcing its commitment to growth in Middle East. Set to open in 2028, the new-build property will operate under the Cheval Maison brand, with around 150 luxury, contemporary studios, one bed and two bed apartments, with a focus on long-stay and residential. There will also be a gym and pool, with public memberships available, along with a selection of food and beverage outlets. Construction is expected to begin in 2026