Mawasim Tours Co., a subsidiary of Al Tayyar Travel Group, has renewed an exclusive agency agreement worth SAR 55.25 million with Hilton International Hotel Group for one year as of Oct. 14, 2015, according to Al Tayyer’s statement to Tadawul.
Under the contract, Mawasim Tours Co. will provide online bookings for the group's clients through a link with Hilton’s online platform.
The renewal’s impact will be reflected on financial statements of Q1-2016.
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