Al Hokair Group inaugurates Radisson Blu hotel

Abdulmohsen Alhokair Group for Tourism and Development has launched operations at the Radisson Blu hotel, Jeddah corniche, the company said in a filing to Tadawul.

This is the company’s eighth hotel in Jeddah and 35th in Saudi Arabia.

The relevant financial impact is expected to appear on Q2 2018 earnings.

The new hotel came within the terms of the agreement signed between Al Hokair Group and Radisson Blu for the management and operation of hotels.