BAAN inks consulting deal with Rafen Real Estate for hotel development project

29/10/2025 Argaam
BAAN will oversee the development and future operations of an upper-upscale four-star hotel and deluxe hotel apartments in East Riyadh

BAAN will oversee the development and future operations of an upper-upscale four-star hotel and deluxe hotel apartments in East Riyadh

BAAN Holding Group Co. signed a strategic consulting alliance with Rafen Real Estate Co. for an upcoming hotel development project in Riyadh.

 

Under the agreement, BAAN will oversee the development and future operations of an upper-upscale four-star hotel and deluxe hotel apartments in East Riyadh's rapidly growing Al-Munsiyah District, the company said in a statement.

 

It will also provide advisory services across concept design, project planning, pre-opening strategy, and operational guidance, ensuring the hotel property meets international standards of excellence.

 

The project is poised to become a premier destination for both business and leisure travelers.

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