The project’s financial impact will be recognized as capital expenditure during the execution period
Makkah Construction and Development Co. signed a 19-month contract on July 6 with Roots Innovative Industrial Co. to carry out renovation works for Makkah Hotel and Towers. 
In a statement to Tadawul, the company said the total contract value is SAR 372 million, excluding VAT.
The work will be carried out in phases under the approved execution plan, with activities scheduled to accommodate peak seasons and ensure uninterrupted operations, including during Ramadan and Hajj season.
The company expects the project’s financial impact to be recognized as capital expenditure during the execution period. It added that, upon completion, the renovation is expected to support the long-term performance and enhance the competitiveness of Makkah Hotel and Towers. However, the impact on operating results cannot be accurately determined at this stage, as it will depend on the progress of execution and market conditions.
Makkah Construction noted that Saleh Binladen is a related party.
Major Details
Item
Details
Project
Renovation of hotel rooms and towers as part of the Makkah Hotel and Towers refurbishment project
Company
Makkah Construction and Development Co.
Contractor
Roots Innovative Industrial Co.
Contract value
SAR 372 million
Project objective
Enhance guest experience, upgrade room quality, support long-term performance, and strengthen the asset’s competitiveness
Additional project works
Upgrading public areas, reception areas, restaurants, selected supporting facilities, and improvement and construction works
Project execution period
Phased implementation through January 2028
Peak season considerations
Work scheduled to ensure full operations during Ramadan and the Hajj season
Hotel before Phase 1
614 keys
Hotel after completion of Phase 1*
609 keys
Hotel after completion of subsequent phases
619 keys
Expected increase in hotel keys
5 keys
Hotel renovation period
July 2026 to January 2027
Towers before renovation
824 keys
Towers after completion**
Up to 883 keys
Expected increase in tower keys**
Up to 59 keys
Tower renovation period
July 2026 to January 2028
Hotel renovation phases
Phase 2: July 2026 to October 2026; Phase 3: October 2026 to January 2027
Tower renovation phases
Tower 2: July–October 2026; Tower 5: October 2026–January 2027; Tower 3: June–September 2027; Tower 6: September 2027–January 2028
** Estimate.
Makkah Hotel and Towers Rooms Renovation
The project’s financial impact will be recognized as capital expenditure during the execution period
Makkah Construction and Development Co. signed a 19-month contract on July 6 with Roots Innovative Industrial Co. to carry out renovation works for Makkah Hotel and Towers.
In a statement to Tadawul, the company said the total contract value is SAR 372 million, excluding VAT.
The work will be carried out in phases under the approved execution plan, with activities scheduled to accommodate peak seasons and ensure uninterrupted operations, including during Ramadan and Hajj season.
The company expects the project’s financial impact to be recognized as capital expenditure during the execution period. It added that, upon completion, the renovation is expected to support the long-term performance and enhance the competitiveness of Makkah Hotel and Towers. However, the impact on operating results cannot be accurately determined at this stage, as it will depend on the progress of execution and market conditions.
Makkah Construction noted that Saleh Binladen is a related party.
Major Details
Item
Details
Project
Renovation of hotel rooms and towers as part of the Makkah Hotel and Towers refurbishment project
Company
Makkah Construction and Development Co.
Contractor
Roots Innovative Industrial Co.
Contract value
SAR 372 million
Project objective
Enhance guest experience, upgrade room quality, support long-term performance, and strengthen the asset’s competitiveness
Additional project works
Upgrading public areas, reception areas, restaurants, selected supporting facilities, and improvement and construction works
Project execution period
Phased implementation through January 2028
Peak season considerations
Work scheduled to ensure full operations during Ramadan and the Hajj season
Hotel before Phase 1
614 keys
Hotel after completion of Phase 1*
609 keys
Hotel after completion of subsequent phases
619 keys
Expected increase in hotel keys
5 keys
Hotel renovation period
July 2026 to January 2027
Towers before renovation
824 keys
Towers after completion**
Up to 883 keys
Expected increase in tower keys**
Up to 59 keys
Tower renovation period
July 2026 to January 2028
Hotel renovation phases
Phase 2: July 2026 to October 2026; Phase 3: October 2026 to January 2027
Tower renovation phases
Tower 2: July–October 2026; Tower 5: October 2026–January 2027; Tower 3: June–September 2027; Tower 6: September 2027–January 2028
** Estimate.
