Shaza Hotels expands in Saudi Arabia with the signing of MoUs for four new projects at TOURISE 2025

Under the patronage of the Ministry of Tourism Saudi Arabia (MoT) and TOURISE 2025, Shaza Hotels has signed Memoranda of Understanding (MoUs) for four new projects – Shaza Riyadh Stables Resort, Mysk Residences in Riyadh and Mysk Al Haramain Hotels – 3 & 4 in Makkah – during the inaugural TOURISE 2025 summit, held from 11 to 13 November 2025 in Riyadh. The signings represent a significant step in Shaza Hotels’ expansion across the Kingdom and underscore the brand’s alignment with Saudi Arabia’s long-term vision 2030 to advance tourism and destination development. Shaza also announced an ambitious pipeline of USD 950 million worth projects across the globe in key destinations like Maldives, Turkey, Kuwait, Indonesia, Iraq, USA, Kenya and Libya at TOURISE 2025.
Shaza proudly partners with region’s reputed investment houses like Al Rajhi Investments Saudi Arabia, Adante Realty LLC Oman and FSM Hospitality Company Saudi Arabia in bringing these projects live and functional.
Commenting on the development, Mr. Simon Coombs, President and CEO of Shaza Hotels, said: “We are pleased to be part of TOURISE 2025 under the patronage of the Ministry of Tourism for the signing of four new MoUs that reflect the strength and diversity of Saudi Arabia’s hospitality landscape. Each project – Mysk Residences Riyadh, Shaza Riyadh Stables Resort, and Mysk Al Haramain Hotels – 3 & 4 in Makkah – has been conceived to address distinct guest segments, from business and leisure travellers to long-stay residents and pilgrims. These partnerships underline Shaza Hotels’ expanding presence in the Kingdom and our commitment to working with visionary owners to deliver authentic experiences and world-class hospitality.”
“Each of these four developments has been strategically conceived to harness key growth corridors and destination opportunities shaping the Kingdom’s hospitality landscape. Collectively, these projects reinforce Shaza Hotels’ diversified portfolio strategy – seamlessly bridging business, leisure, long-stay, and spiritual travel segments – while deepening the brand’s long-term presence and investment in Saudi Arabia’s dynamic tourism ecosystem.”, added Shaji Abu Salih, Vice President of Business Development & Growth, Shaza Hotels and Mysk by Shaza, said, at Tourise 2025.