Thakher Makkah launches Radisson Hotel and sells $400mn land for 3 hotel towers

During the Cityscape Global Exhibition, the world’s largest real estate expo, Thakher Makkah has announced the launch of Radisson Hotel & Residences, a property valuing over $53 million (SAR200 million), and is considered the third launch by the developer as it has also obtained the marketing permit for the newly launched hotel.

Additionally, Dhakher Makkah has recently announced land sales with a value exceeding $400 million (SAR1.5 billion) for the construction of three hotel residential towers.

Upon completion, projected to be in 2033, Thakher Makkah will host more than 1.6 million visitors and pilgrims in its range of hospitality options, which include hotels, residences, and other commercial accommodations. This allows it to be directly aligned with Saudi Arabia’s visionary objective to host 30 million Umrah performers and 6 million pilgrims by 2030.

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Source: Thakher Makkah launches Radisson Hotel and sells $400mn land for 3 hotel towers - Construction Week Saudi

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