Ascott Corniche Alkhobar offers discount for Eid staycation

Guests can choose from studios, and one-, two-, and three-bedroom apartments.
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Updated 20 July 2021
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Ascott Corniche Alkhobar offers discount for Eid staycation

Thinking of a long-deserved break with family and friends this Eid? Then here’s a perfect getaway deal from the luxurious Ascott Corniche Alkhobar.
Offering breathtaking views of the serene Alkhobar corniche, the property is welcoming guests to studios, and one-, two-, and three-bedroom serviced apartments with an exclusive up to 35 percent off on bookings during the Eid period.
“Featuring varied lifestyle amenities that include a swimming pool, gymnasium, restaurant, resident’s lounge and meeting rooms, Ascott Corniche Alkhobar is a great choice for those looking to enjoy some memorable moments with loved ones,” the hotel said in a statement.

BACKGROUND

Ascott Corniche Alkhobar is situated along Prince Turki Street and is surrounded by a variety of restaurants, retail shops and malls.

The property is part of the portfolio by international lodging owner-operators — The Ascott Limited. Ascott’s recent partnership with International SOS offers guests complimentary teleservices on health and safety as part of its Ascott Cares initiative.
Guests can avail additional benefits and easily manage their bookings with the “Discover ASR” app, the brand’s loyalty program. For those who would like to grab this limited time deal, the offer can be redeemed through the “Escape in Style” promotion at www.discoverasr/offers.
Ascott Corniche Alkhobar is situated along Prince Turki Street and is surrounded by a variety of restaurants, retail shops and malls.
The Ascott Limited is a Singapore company that has grown to be one of the leading international lodging owner-operators. Ascott’s portfolio spans more than 190 cities across more than 30 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa and the US.


Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Updated 19 February 2026
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Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Sulaiman Al-Rajhi Real Estate Company has announced the launch of several real estate projects belonging to the Sulaiman Al-Rajhi Endowment system in Makkah, with a total investment exceeding SR8 billion ($2.1 billion). These projects include commercial, residential, and hospitality developments, as well as strategic land plots, as part of the company’s commitment to supporting the Kingdom’s real estate sector and enhancing the quality of life in the holy city.

The announcement was made during a field tour by a delegation of high-level officials including Saleh Al-Rasheed, CEO of the Royal Commission for Makkah City and Holy Sites; Ihsan Bafakih, chairman of the board of directors of Sulaiman bin Abdulaziz Al-Rajhi Holding Company; Haitham Al-Fayez, chairman of Sulaiman Al-Rajhi Real Estate Company and CEO of Sulaiman Al-Rajhi Holding Company; Moath Al-Mukhudub, managing director and CEO of Sulaiman Al-Rajhi Real Estate Company; and Anas Mansour Abadi, CEO of real estate at Sulaiman Al-Rajhi Holding Company and representative of the Sulaiman Al-Rajhi Endowment, alongside members of the board of directors of both the holding and real estate companies and the executive team.

The tour included the launch of the Tilal Towers project, with an investment value of SR2 billion, featuring more than 2,500 hotel rooms, strengthening the hospitality sector in Makkah.

The delegation also visited the Tilal Village project, valued at SR2.8 billion. It is one of the prominent qualitative projects within the hospitality ecosystem in Makkah.

Furthermore, the visit covered the residential buildings within Tilal Village, comprising 828 units, with an investment of SR800 million. The delegation inspected the specialized hospital, medical complex housing, and the office and commercial plazas.

During the tour, a contract was signed for the Al-Rajhi Center project, valued at SR250 million, as part of a comprehensive rehabilitation plan.

The inspection also included the Al-Ukayshiyyah land, spanning 4 million square meters, and the Al-Ghazzawi project land, valued at SR250 million.

The tour concluded with prayers at the Aisha Al-Rajhi Mosque, the second-largest mosque in Makkah after the Grand Mosque, with a capacity for 50,000 worshippers.

This visit underscores the importance of these investments, which represent a clear direction toward enhancing the management of the endowment’s assets through diversification, redevelopment, and strategic expansion, in line with the development goals of the Makkah city and Saudi Vision 2030.

Sulaiman Al-Rajhi Real Estate, a subsidiary of Sulaiman bin Abdulaziz Al-Rajhi Holding Company, continues to provide innovative solutions to elevate the real estate sector to international standards.