The Saudi Hotels & Resort Areas Company (SHARACO) operates leisure resorts, residential housing compounds, and restaurants in Saudi Arabia.
The company is involved in construction, acquisition and management of hotels, restaurants, rest areas, private beaches and performs all related catering services independently or through others.
Saudi Hotels Co. has investments in other companies, namely: Tabuk Hotels Co. 52.38%, Makkah Hotels Co. 51.11%, Al Nakheel Resorts Co. 50.63%, Gulf Resorts Co. 50.48%, Madinah Hotels Co. 50%, Riyadh Hotels & Entertainment Co. 50.41%. The total investments of Saudi Hotels & Resort Areas Co. in these companies are approximately SR 455.1 million.
Website – http://www.sharaco.com.sa/