Kerten Hospitality, a Ireland-based mixed-use, ESG and lifestyle operator, has reached an agreement with NEOM, the developer of a mega futuristic city in Saudi Arabia, to launch its House Residence brand within the Oxagon development in the kingdom. 

 

This move will further Kerten Hospitality’s ambitious expansion across Saudi Arabia. 

 

As per the deal, it will open an upscale 200-unit serviced apartments, at the heart of Oxagon’s first residential community, which is set to open its doors in 2025.

 

Reimagining the traditional industrial city, Oxagon is creating a new paradigm for urban living. Offices, world-class recreational and sports facilities, next-generation mobility solutions, and unique hospitality and retail concepts are all seamlessly integrated within communities, in harmony with nature.

 

On the key venture, CEO Marloes Knippenberg said: "Kerten Hospitality is envisioning a transformation in the concept of living. The House Residence in NEOM's Oxagon is more than just a project - it's a statement of intent to catalyse the evolution of our habitats, foster thriving communities, and redefine the human experience."

 

"Our alliance with NEOM at Oxagon marks a crucial step as we contribute to the extraordinary transformation of Saudi Arabia. As the nation unfolds its tourism potential, we stand on the brink of a new era of global exposure. NEOM is set to be the beacon guiding this transformative tide, and our aim is to anchor the vibrant communities being built in Oxagon," he stated.

 

NEOM, located in Saudi Arabia’s northwestern region, is anticipated to become a global leader in sustainable urban living and enhanced livability, standing out among the country’s key giga-projects.

 

Upon completion, NEOM will be fully powered by clean energy, utilising renewable resources such as solar, wind, and green hydrogen-based energy.

 

Oxagon CEO Vishal Wanchoo said: "One of the many reasons we’re excited about working with Kerten Hospitality is the way they interact and work with local talent and entrepreneurs to curate experiences and innovations tailored to our future residents."

 

"We feel that The House Residence concept embodies the neighbourhood atmosphere and lifestyle from the integration of F&B to advanced technologies, that’s core to the mixed-use residential communities we're building here at Oxagon," he stated.

 

NEOM Hotel Development Executive Director Chris Newman said: "The concept of successfully combining traditional hotel stays with a longer residential component is exemplified in Kerten Hospitality’s portfolio."

 

"And this approach, when underpinned by the group’s stellar reputation for delivering service that is unmatched both in quality and warmth, perfectly aligns with the target audience for Oxagon, many of whom will be seeking an experience that captures the spirit of community living," he added.

 

In May, the Irish group had announced 'The Collective' in Saudi Arabia. This initiative unites several projects from the group across the kingdom, signifying a combined investment of SR1.5 billion ($399 million). 

 

"As a premier lifestyle hospitality company, Kerten Hospitality is not only dedicated to introducing new projects but also to fostering collaborations with investors and government bodies," remarked Knippenberg. 

 

"These endeavors serve to boost local communities and reflect the group's significant commitment and investment in Saudi Arabia's hospitality sector, he added.-TradeArabia News Service