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  5. Dur Hospitality Company
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    4010   SA0007870039

DUR HOSPITALITY COMPANY

(4010)
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Business Summary
Dur Hospitality Co SJSC, formerly Saudi Hotels and Resorts Co. (SHARACO), is a Saudi Arabia-based public shareholding company primarily engaged in the construction, acquisition, management, operation, investment and purchase of hotels, motels, restaurants, rest areas, tours and travels agencies, entertainment centers, beaches and properties, as well as the ownership, development and sub-division of land. The Company operates in three segments: the Hotels and Recreational Center segment covers activities related to hotels and recreational centers; the Owned Real Estate segment provides renting its commercial and residential real estate to others, and the Services and Operation segment includes the management and operation of hotels and real estate. In December, 2013, the Company completed the purchase of a land located in Riyadh with total area of 5,000 square meters. In June, 2014, the Company announced the sale of the residential complex in Riyadh, consisting of 73 housing units.

Number of employees : 1 354 people.
Sales per Business
20192020Delta
Hospitality435.6178.7%321.0372.6% -26.3%
Property Rental111.6120.2%119.6227% +7.18%
Property Management6.631.2%1.670.4% -74.85%
SAR in Million
Sales per region
20192020Delta
Saudi Arabia553.85100%442.32100% -20.14%
SAR in Million
Managers
Name Title Age Since
Sultan bin Bader Al-Otaibi Chief Executive Officer - 2019
Amin Abdullah Al-Bukhari Chief Financial Officer - 2020
Hassan Ahdab President-Hotels Operations - -
Fahad Abdullah Abdel Aziz Al-Kassim Vice Chairman 55 -
Talal bin Abdulmohsen Al-Mulafikh Independent Director - 2014
Ibrahim bin Ali Al-Oboud Independent Director - -
Musaab bin Suleiman Al-Muhaidib Independent Director 43 -
Abdulaziz Al-Kadi Chief Human Resources Officer - -
Members of the board
Name Title Age Since
Abdullah Al-Issa Chairman 66 2013
Saleh bin Ali Al-Hathlul, Dr. Non-Executive Director - -
Bader Al-Issa Non-Executive Director 41 2013
Fahad Abdullah Abdel Aziz Al-Kassim Vice Chairman 55 -
Talal bin Abdulmohsen Al-Mulafikh Independent Director - 2014
Jehad bin Abdulrahman Al-Kadi Non-Executive Director - -
Abdullah bin Abdulrahman Al-Shamrani Non-Executive Director - -
Ibrahim bin Ali Al-Oboud Independent Director - -
Musaab bin Suleiman Al-Muhaidib Independent Director 43 -
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 100,000,000 37,550,000 37.6% 0 0.0% 37.6%
Shareholders
NameEquities%
Mohamad Al Essa 39,145,233 39.1%
Public Investment Fund (Investment Company) 16,628,458 16.6%
Hassana Investment Co. (Investment Company) 6,690,000 6.69%
The Vanguard Group, Inc. 1,303,631 1.30%
Dimensional Fund Advisors LP 978,296 0.98%
BlackRock Fund Advisors 256,820 0.26%
SSgA Funds Management, Inc. 205,395 0.21%
BlackRock Advisors (UK) Ltd. 79,524 0.080%
TIAA-CREF Investment Management LLC 45,075 0.045%
Parametric Portfolio Associates LLC 40,804 0.041%
Company contact information
Dur Hospitality Co.
Abdullah bin Huthafa Al Sahmi Street
Diplomatic Quarter
Riyadh 11422

Phone : +966.11.481.6666
Fax : +966.11.480.1666
Web : http://www.dur.sa
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