The agreement will see Safir operate and manage Safir Homs hotels and develop three new properties in Damascus, Bloudan, and Deir Azzour.
With economic activity in the Syrian Arab Republic on the rise, Safir is capitalising on the opportunity to invest in the local hospitality sector.
Safir Hotels & Resorts CEO Abdulaziz Al Failakawi said: “This agreement is a testament to Safir’s commitment to growth and our confidence in the Syrian Arab Republic’s bright future.
“We are honoured to be at the forefront of the country’s hospitality renaissance, offering world-class service and elevating the guest experience in these vibrant destinations.”