Plots No. 7/D and 8/D of Plan No. 251/2 were acquired by the company. they have a total area of 4581.71 square meters on King Fahd Road in the Eastern Province in the city of Khobar, which is considered a strategic location due to the urban development in the region, especially the tourism sector. The acquisition comes within the company's strategic plan to expand and implement projects that serve the tourism sector in the Eastern Province, as the hotel sector and the services it provides are an attractive factor for tourism.

Ashaad Company adopted these projects by establishing five-star hotels to contribute to the growth and development in the region, which is in line with the Saudi Arabia's Vision 2030.