Aman Resorts is partnering with KUN Investment Holding and AlUla Development Company to create the Aman Hegra project. The project will include an expansive Aman resort featuring 42 hotel and villa keys and 30 branded private residences available for purchase. The project will cover a prime eight million square meters site in Hegra, Saudi Arabia’s first UNESCO World Heritage Site. In the presence of His Highness Prince Badr bin Abdullah bin Farhan Al Saud, who serves as the Minister of Culture, Governor of the Royal Commission for AlUla, and Chairman of the Board of Directors of AlUla Development Company, a strategic Shareholders’ Agreement has been signed between KUN Investment Holding and AlUla Development Company, fully owned by the Public Investment Fund (PIF). The agreement aims to jointly own and develop the Aman Hegra project, a collaborative venture to introduce distinctive hospitality and residential initiatives in AlUla, Saudi Arabia. The signing ceremony, held in AlUla, was…
Source: hospitalitynet.org , New Hotel Opening

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