Shaza Hotels Signs MoUs for Four New Projects in Saudi Arabia at TOURISE 2025
Under the patronage of the Ministry of Tourism (MoT) in Saudi Arabia and the TOURISE 2025 initiative, Shaza Hotels has signed Memoranda of Understanding (MoUs) for four new projects. These projects include the Shaza Riyadh Stables Resort, Mysk Residences Riyadh, and Mysk Al Haramain Hotels 3 and 4 in Makkah. The agreements were finalized during the inaugural TOURISE 2025 summit, held from November 11 to 13, 2025, in Riyadh.
These signings represent a significant step forward in Shaza Hotels’ ongoing expansion across the Kingdom, highlighting the brand’s alignment with Saudi Arabia’s Vision 2030 initiative, which aims to strengthen tourism and develop destinations. Additionally, Shaza announced a development pipeline valued at USD 950 million, which includes projects in the Maldives, Turkey, Kuwait, Indonesia, Iraq, the United States, Kenya, and Libya.
Shaza Hotels is collaborating with regional investment groups, including Al Rajhi Investments (Saudi Arabia), Adante Realty LLC (Oman), and FSM Hospitality Company (Saudi Arabia), to bring these new projects to fruition.
“We are pleased to be part of TOURISE 2025 for the signing of four new MoUs that reflect the diversity of Saudi Arabia’s hospitality landscape. Each project — Mysk Residences Riyadh, Shaza Riyadh Stables Resort, and Mysk Al Haramain Hotels 3 & 4 — has been developed to cater to distinct guest segments, from business and leisure travelers to long-stay residents and pilgrims,” said Mr. Simon Coombs, President and CEO of Shaza Hotels.
“Each of these developments has been strategically planned to leverage emerging tourism corridors and destination opportunities within the Kingdom. Together, these projects support our portfolio strategy across business, leisure, long-stay, and spiritual travel segments,” added Shaji Abu Salih, Vice President of Business Development & Growth, Shaza Hotels and Mysk by Shaza.
Project Details
Mysk Residences Riyadh: The MoU was signed between Mr. Simon Coombs, President and CEO of Shaza Hotels, and Dr. Adil Alexander, CEO of Adante Realty LLC, Oman. Located on King Salman Road, the 58-key boutique aparthotel is positioned 10 minutes from Riyadh International Airport and 15 minutes from the Qiddiya and Murabba developments. The property will offer one-, two-, and three-bedroom apartments, as well as penthouses, for both short and long stays, along with a gym, swimming pool, café, and in-room dining services.
Shaza Riyadh Stables Resort: The MoU was signed between Mr. Simon Coombs and His Highness Prince Fahad Saad Al Saud, Chairman of FSM Hospitality Company. Set in Al Jubailah, Riyadh, across 63,500 square meters, this resort will center on equestrian living, featuring a full Equestrian Club with 100 horse boxes, three arenas, and scenic tracks for walking, cycling, and horse riding. The resort will also include 31 bungalow units, wellness facilities, sports areas, restaurants, and coffee lounges.
Mysk Al Haramain Hotels 3 & 4, Makkah: The MoU was signed between Mr. Simon Coombs and Mr. Fuad Al Rashed, CEO of Al Rajhi Investments. Located 10 minutes from Masjid al-Haram, the two hotels (264 and 182 keys) will offer comfortable stays for pilgrims and visitors. Both hotels will feature dining facilities, prayer rooms, and shuttle services to the Holy Mosque.
About Shaza Hotels
Shaza Hotels is a hospitality management company that offers experiences inspired by Arabian traditions and culture. The group operates several properties, including Shaza Doha in Qatar, Mysk Al Mouj in Muscat, Mysk Al Balad in Madinah, and Mysk Al Fateh in Bahrain. There are also plans for additional openings in Saudi Arabia, the UAE, and Orlando. As a member of the Global Hotel Alliance (GHA), Shaza Hotels provides access to a worldwide network of properties and loyalty benefits.
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