(Hilton Al Olaya Hotel)
Location:
A hotel tower on King Fahd Road, opposite the Kingdom Tower.
Property Details:
Area/ 3600 square meters
Height/ 178 meters
Specifications:
38 floors
230 rooms
26 suites
Features:
German insulation
Sun-breaking systems
Hotel power generator
Facade maintenance systems
Fire-resistant safety and security systems, God willing, including elevators and the building.
Water source security with two underground wells.
Sewage treatment through a station in the fourth basement.
Latest technologies for safe gas control.
Four lower water tanks and one upper tank.
The tower is new, recently built, and was operational at the beginning of 2024.
The operating contract was signed with Hilton International for a period of ten years with Hilton company.
The tower is fully furnished.
Hotel occupancy rate:
Income: 10-13%
Sale: One billion, and the price differs for a serious buyer, excluding 5% tax and 2.5% commission.
Commission mechanism: Divided among all.
https://maps.app.goo.gl/8L1kV8zYwY6jXBLdA?g_st=ic