The Beaumont Damascus

Project overview

The Syrian Ministry of Tourism, in partnership with Ezdihar Holding, launched "The Beaumont" on 7 April 2026, according to SANA. It is an integrated residential, commercial, and leisure development in central Damascus near Umayyad Square, along the Barada River.

TradeArabia reported the estimated investment at the April 2026 launch as $250 to $300 million, and SANA's September 2026 report gives up to $300 million. The project is positioned as part of efforts to develop Syria's tourism sector and attract investment.

Scope and components

The project was announced as covering 77,000 square meters. SANA's September 2026 report specifies that this is the total built-up area, on a site of about 27,000 square meters. The development includes two towers.

Towers and accommodation

The first tower is planned to house a five-star hotel with 150 rooms, including presidential suites, dining outlets, a members' club, and a spa. Enab Baladi reports that this tower has about 22 floors. The second tower is planned to have 26 floors of residences, from one-bedroom serviced apartments to duplex penthouses of up to 570 square meters.

Commercial and business facilities

The project includes a two-level retail center, an outdoor promenade with cafés and restaurants, and a 10-story business center intended to attract regional and international corporate offices. SANA's launch report also lists office space and a new building for the Ministry of Tourism among the components.

Delivery and economic impact

The project is to be delivered in phases within four years, under a 50-year joint venture between the Ministry and Ezdihar Holding that has financial and administrative independence, according to TradeArabia. SANA's September 2026 report counts the four years from the date the joint company is officially announced. The project is projected to create 1,500 to 2,500 direct jobs and 3,000 to 3,500 indirect roles.

Ezdihar Holding will fund a training program for 30 Ministry employees at the University of Oxford's Saïd Business School, covering hospitality, project management, and tourism investment.

Frequently Asked Questions

Where is The Beaumont located?

The project is in central Damascus, near Umayyad Square along the Barada River.

What is the estimated investment?

The estimated investment was $250 to $300 million at the April 2026 launch, and up to $300 million in SANA's September 2026 report.

What does the development include?

It has a total built-up area of about 77,000 square meters on a site of about 27,000 square meters. It includes two towers, a five-star hotel and a residential tower with serviced apartments and duplex units, along with a two-level retail center, an outdoor promenade, and a 10-story business center.

What is the expected employment impact?

The project is projected to create 1,500 to 2,500 direct jobs and 3,000 to 3,500 indirect roles.

What is the project's current status?

On 2 September 2026 it was announced that the joint company of the Ministry of Tourism and Ezdihar Holding had received its real estate development and investment license. According to SANA, land handover and the remaining licenses are still to be completed, and the current plan aims to start construction before the end of 2026.

UPDATE 02.09.2026, DEVELOPMENT LICENSE ANNOUNCED

The joint company's real estate development and investment license was announced. SANA and Al-Watan reported that the company owned jointly by the Ministry of Tourism and Ezdihar Holding obtained the license, which allows it to begin development and investment work on the project. The announcement came at a joint meeting led by Tourism Minister Mazen al-Salhani, with the Director General of the Syrian Investment Authority and an Ezdihar Holding delegation headed by the company's founder and owner also taking part.

Next steps, as reported by SANA. SANA recalled that the Ministry and Ezdihar Holding signed a partnership agreement in April 2026, followed by approval to establish the joint company, and that steps to form its joint board of directors had begun. Land handover and the completion of the remaining licenses and requirements are still ahead. In SANA's account, the current plan aims to start construction before the end of 2026 and to complete all components within four years of the date the joint company is officially announced.

Architectural model unveiled. The project's architectural model was shown for the first time at the meeting, and SANA said it would be displayed to investors, companies and the public at the Syria Travel 2026 forum.

Statements. Minister al-Salhani told SANA that the license is an important milestone in moving the project from agreement to implementation, and that the project brings hospitality, housing, business and leisure together in one destination to international standards. The Director General of the Syrian Investment Authority said that helping projects move from vision to implementation is a priority for the authority.