Ennismore has signed an agreement with Olayan Financing Company (OFC) to launch the first Mondrian hotel development in Saudi Arabia. Set to open in 2026, Mondrian Riyadh Al Malga Hotel and Residences will also be Ennismore’s first hotel in the capital.
Mondrian Riyadh Al Malga Hotel and Residences will have 200 keys, including 130 standard rooms and suites, with 25 one-bedroom, 35 two-bedroom and 10 three-bedroom serviced apartments. The hotel will offer culinary and mixology experiences with three new restaurants and lounges by Ennismore’s in-house F&B concept studio, Carte Blanched. It will also be home to event spaces and social wellness spaces. Designed by Tristan Di Plessis the hotel and development will be LEED (Leadership in Energy and Environmental Design) Certified—constructed with a focus on energy savings, water efficiency, reduced carbon emissions, and improved indoor air quality.
The Mondrian Riyadh Al Malga Hotel and Residences will be developed as part of the mixed-use Al Malga Urban Village, with residents and visitors alike able to enjoy the boutique retail, dining, entertainment and leisure scene. Located in the northern part of Riyadh, the Al Malga neighborhood is at the entrance of the recently announced 1,312-foot-high, cube-shaped skyscraper Mukaab as part of the capital’s Murabba downtown plan. The development will be a tourism and cultural destination, including entertainment, dining and retail, and will have an almost full-height atrium space that will contain a spiraling tower. The new Mondrian will also benefit from easy access to Boulevard Riyadh, home to high-profile events and concerts, Najd Village and King Abdullah Financial District.
Mondrian’s global expansion includes a pipeline of 17 hotels and branded residences, including upcoming openings in Singapore, Hong Kong, Bordeaux, Ibiza, Cannes, Dubai, Gold Coast Australia and Abu Dhabi, adding to its existing portfolio of seven open hotels including Mexico City, London, Los Angeles and Doha.
In 2023, Ennismore is set to open nearly 30 hotels, including Maison Delano Paris; Mama Shelter, Rennes; SO/ Uptown Dubai; 21C Museum Hotel St. Louis, U.S.; TRIBE Bangkok; The Hoxton, Charlottenburg; and Hyde Ibiza, Spain. In addition, Ennismore’s expansion in the Middle East continues to be strong, adding to its existing five hotels and branded residences—including 25hours Dubai, SLS Dubai and Hyde Dubai—a pipeline of over 20 properties, such as Mama Shelter Dubai, SLS Red Sea and 25hours Trojena.
For more information, visit www.ennismore.com.
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