{"id":59635,"date":"2026-01-08T17:34:02","date_gmt":"2026-01-08T14:34:02","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=59635"},"modified":"2026-05-12T18:41:16","modified_gmt":"2026-05-12T15:41:16","slug":"midad-diriyah-four-seasons-hotel-development-saudi-arabia","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/midad-diriyah-four-seasons-hotel-development-saudi-arabia\/","title":{"rendered":"Midad Real Estate and Diriyah Company Sign $827 Million Four Seasons Hotel Development Agreement"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Midad Real Estate has announced a strategic partnership with Diriyah Company to co-develop the <strong>Four Seasons Hotel Diriyah<\/strong> and Private Residences in a landmark $827 million investment. The project will be located on a 235,938-square-meter site in Diriyah, Saudi Arabia&#8217;s historic and cultural destination.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Major Investment Details for Four Seasons Hotel Diriyah<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The USD 827 million (SAR 3.1 billion) investment covers both land acquisition and construction costs. The signing ceremony took place in Riyadh on January 8, 2026, with attendance from His Excellency Ahmed Al Khateeb, Minister of Tourism for Saudi Arabia, Jerry Inzerillo, Group CEO of Diriyah Company, and Abdulelah bin Mohammed Al Aiban, President of Midad Real Estate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Midad Real Estate will lead the development of the 159-room luxury hotel and private residences. The project aims to establish new standards for luxury hospitality in the Kingdom while supporting Vision 2030 objectives through tourism growth, investment attraction, and job creation.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-1_ssict_1200_675.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-1_ssict_1200_675-1024x576.webp\" alt=\"Midad &amp; Diriyah Co-Develop $827M Four Seasons Hotel Diriyah 1_ssict_1200_675\" class=\"wp-image-59639\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-1_ssict_1200_675-1024x576.webp 1024w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-1_ssict_1200_675-300x169.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-1_ssict_1200_675-768x432.webp 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-1_ssict_1200_675-1080x608.webp 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-1_ssict_1200_675.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Strategic Partnership Benefits and Vision 2030 Alignment<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The collaboration strengthens Midad&#8217;s expanding Four Seasons portfolio and luxury development pipeline. The project represents Midad&#8217;s expertise in high-end hospitality and residential development, combining world-class service standards with exceptional design.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>159-room luxury Four Seasons Hotel<\/li>\n\n\n\n<li>Private residences with premium amenities<\/li>\n\n\n\n<li>235,938-square-meter development site<\/li>\n\n\n\n<li>Integration with Diriyah&#8217;s cultural heritage<\/li>\n\n\n\n<li>Contribution to Saudi Arabia&#8217;s tourism sector growth<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">This project represents a milestone for Midad, allowing us to bring the Four Seasons experience to one of Saudi Arabia&#8217;s most significant heritage destinations.<\/p>\n<cite>Abdulelah bin Mohammed Al Aiban, President of Midad Real Estate<\/cite><\/blockquote>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-3_ssict_1200_674.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"575\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-3_ssict_1200_674-1024x575.webp\" alt=\"Midad &amp; Diriyah Co-Develop $827M Four Seasons Hotel Diriyah 3_ssict_1200_674\" class=\"wp-image-59637\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-3_ssict_1200_674-1024x575.webp 1024w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-3_ssict_1200_674-300x169.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-3_ssict_1200_674-768x431.webp 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-3_ssict_1200_674-1080x607.webp 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/01\/Midad-Diriyah-Co-Develop-827M-Four-Seasons-Hotel-Diriyah-3_ssict_1200_674.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Development Timeline and Diriyah&#8217;s Tourism Future<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Four Seasons Hotel Diriyah will be part of nearly 40 luxury hotels planned across Diriyah&#8217;s comprehensive development masterplans. Jerry Inzerillo, Group CEO of Diriyah Company, noted that this will be one of their largest luxury hotels, reflecting the ongoing commitment to enable Saudi partners to participate in Diriyah&#8217;s transformation journey.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This strategic partnership reinforces Midad Real Estate&#8217;s position in transformative hospitality and residential developments, contributing to the Kingdom&#8217;s luxury real estate landscape evolution and supporting Saudi Arabia&#8217;s emergence as a leading global tourism destination.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Midad Real Estate partners with Diriyah Company for $827 million Four Seasons Hotel and Private Residences development in Saudi Arabia&#8217;s historic Diriyah, featuring 159 luxury rooms and supporting Vision 2030 tourism objectives.<\/p>\n","protected":false},"author":13,"featured_media":59638,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-59635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Midad &amp; Diriyah Co-Develop $827M Four Seasons Hotel Diriyah - Saudishopper<\/title>\n<meta name=\"description\" content=\"Midad Real Estate partners with Diriyah Company for $827M Four Seasons Hotel and Private Residences in Saudi Arabia&#039;s historic Diriyah. 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