Yotel, a global hospitality brand, has announced its first hotel signing in Saudi Arabia. Scheduled to open in 2025, the property will also be the first hotel to open in Oxagon, the home of advanced and clean industries in Neom.
Parsons, a US-based engineering, construction and technical and management services firm, said it has been awarded a key contract by Saudi Neom Company to provide project management support in building its ambitious Oxagon – a reimagined industrial city.