Logo of Dur Hospitality Co.
Dur Hospitality Co. announced today, March 3, terminating the lease, management and operation contracts of three hotels in Madinah, by mutual agreement with Al-Manakha Urban Project Development Co.
No financial impact is expected from this termination, Dur said in a statement to Tadawul.
On Dec. 19, 2019, Dur signed a 15-year lease, management and operation contracts of three hotels in Madinah, Argaam earlier reported.
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