Sultan bin Badr Al-Otaibi has been appointed as the chief executive of Dur Hospitality, effective from July 1. He succeeds Badr bin Hamoud Al-Badr, who submitted his resignation to the board of directors in April.
Al-Otaibi has held various managerial and operational roles at Dur in the last two decades, the most recent being vice president of property and assets.
Chairman of the Board of Directors Abdullah Al-Issa said: “Al-Otaibi will lead the next phase of the company’s ambitious journey toward prosperity.”
“The company is moving steadily toward further growth and is supported by Vision 2030, which gives major importance to the Kingdom’s hospitality sector through various initiatives.”
The chairman thanked outgoing CEO Al-Badr for his contributions to the company.
Thanking the board of directors, Al-Otaibi reiterated his confidence in the company and its potential to contribute to the Saudi hospitality sector.
Al-Otaibi holds a master’s degree in hotel management from the Emirates Academy of Hospitality Management in association with École hôtelière de Lausanne, and a bachelor’s degree in accounting from King Fahd University. He also completed several hospitality courses at Cornell University’s School of Hotel Administration in the US.