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Marriott Riyadh Hotel, owned by Dur Hospitality Marriott Riyadh Hotel, owned by Dur Hospitality

Dur Hospitality Profit Soars

Dur Hospitality posted a net profit of SAR40.7 million (USD10.9 million) in the third

quarter of the year, marking a year-on-year increase of 11 percent.

During the three-month period, the company completed renovation on Makarem Annakheel Village in Jeddah as well as Holiday Inn Tabuk and delivered a number of villas in Riyadh, generating major revenue and further adding to the overall improvements in operation and services.

The Hajj season was once again a success with properties flying the Makarem flag, Dur Hospitality’s own brand designed for visitors of the Holy Cities, recording 100 percent occupancy rates.