Tabuk Hotel and Shopping Mall
- Al Othaim Group
- Tabuk, Kingdom of Saudi Arabia
- Hospitality, Commercial
- 92, 000 sqm
Tabuk Development is part of Al Othaim company business development which owns 4 percent of the hyper market share in Kingdom of Saudi Arabia.
The group has the vision to build sustainable shopping malls with amenities along the country. The project is a response to the increasing demand of global brands and the exciting opportunity of retail markets in Saudi Arabia, with the area of mall based retail space increasing by almost 80% in Jeddah and 65% in Riyadh since 2005.
The older malls are now starting to lose market share to more modern centres that offer international shopping environments in terms of brand mix facilities, and amenities along with complementary leisure components.