Saudi Arabia's Dur Hospitality and the General Authority of Civil Aviation (GACA) have signed a strategic agreement for the development of the Makarem Arriyadh Hotel located at King Khaled International Airport (KKIA).

The deal also includes an extension of the current agreement for a period of 20 years starting from 2016.

The SR120 million ($31.9 million) project will result in the hotel's capacity increasing from 248 to 348 rooms as well as the development of an integrated spa and a corporate business identity.

Post completion, the hotel will be operated through an international hotel brand.

The agreement was signed by Dr Badr bin Homoud Al-Badr, CEO of Dur Hospitality Company and Yousef Bin Ibrahim Al-Abdan, director of KKIA.

Al-Abdan said: "We are delighted to extend our relationship with Dur Hospitality Company and we look forward to offering more support and encouragement towards the continuity of this fruitful partnership that witnessed a remarkable success over the past few years, and we are expecting even more prosperity, thanks to the huge efforts exerted and to the high expertise and enlightened vision." – TradeArbaia News Service