Fairmont Hotels & Resorts and Sisban Holdings have announced the signing of a new 350-room luxury hotel in Jeddah, Kingdom of Saudi Arabia. The new hotel is scheduled to open in late 2018. Pictured at the signing, from left to right: Dr Abdulrahman Almufarreh, Sisban group chief executive officer, Ali Al Sharif, Sisban president and co-founder, Michael Glennie, FRHI president and COO, and Francois Baudin, FRHI senior vice-president development.