Jabal Omar starts commercial ops at Conrad Makkah

01/06/2016 Argaam

Jabal Omar Development Co. on Wednesday started commercial operations at Hotel Conrad Makkah after obtaining the required regulatory approvals, the real estate developer said in a statement to Tadawul.

 

The company expects the new project—a five-star hotel comprising 438 rooms over 20 floors--to boost revenues and shareholders’ equity.

 

In May 2011, the company signed an agreement to operate 12 hotels as part of its project near the Grand Mosque in Makkah. 

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