Knight Frank, Al Kathiri Announce Strategic Partnership

The partnership represents a significant step in contributing to the Kingdom’s Vision 2030 objectives

Knight Frank, leading global real estate consultancy, has announced its strategic partnership with Al Kathiri Holding, a prominent investment group dedicated to investing in hospitality sector in Saudi Arabia across key markets over the next ten years. This partnership represents a significant step in contributing to the Kingdom’s Vision 2030 objectives by enhancing tourism development throughout the country and tapping into new opportunities in the hospitality sector.

Through this strategic partnership, Al Kathiri Holding will invest in a diverse portfolio of tourism-focussed properties, drawing on the extensive expertise of Knight Frank in the hospitality sector. As a trusted advisor, Knight Frank will provide a comprehensive suite of specialised services, including market analysis, feasibility studies, operator search and selection, food and beverage consultancy, and asset management. These services are designed to equip Al Kathiri Holding with the insights and tools necessary to navigate the evolving hospitality landscape and maximise investment potential.

“Securing a long-term relationship with Al Kathiri Holding underscores our commitment to supporting the Kingdom’s tourism goals while maintaining the focus on the most efficient and successful operations.”

Oussama El Kadiri, Partner – Hospitality, Tourism & Leisure Advisory at Knight Frank

Omar Al Zamil, Director of Business Development at Al Kathiri Holding, emphasised the importance of this collaboration at a press conference during the Future Hospitality Summit: “Al Kathiri Holding is committed to the Kingdom of Saudi Arabia's Vision 2030 success, a vision that set the path for our development locally, regionally, and globally. As such, we are attached to the Kingdom's ambitious plan for the development of the country's second-tier cities. Such an enterprising strategy must be accompanied by quality real estate & hospitality advisory, offering the best international standards”.

As part of this agreement, the partnership will enable Al Kathiri Holding to capitalise on emerging trends in the hospitality sector, ensuring that investments align with market demands and client expectations. By leveraging Knight Frank's strong local expertise and extensive global experience, both companies aim to create exceptional tourism experiences that support the flourishing hospitality sector.

Oussama El Kadiri, Partner – Hospitality, Tourism & Leisure Advisory at Knight Frank, commented: “Our strategic partnership with a trusted client such as Al Kathiri Holding is a testament of Knight Frank’s transformation into a one-stop shop, in a growing hospitality sector which offers a host of opportunities to leverage our wide range of services and service lines. Securing a long-term relationship with Al Kathiri Holding underscores our commitment to supporting the Kingdom’s tourism goals while maintaining the focus on the most efficient and successful operations.”

This partnership is set to play a vital role in the hospitality sector in Saudi Arabia. By combining their strengths, Al Kathiri Holding and Knight Frank will focus on strategic investments in innovative, high-quality properties. Together, they will contribute to the Kingdom’s ambitious tourism objectives, stimulating economic growth and ensuring that new investments meet the diverse needs of both domestic and international travellers.

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