Syria’s Ministry of Tourism has partnered with Ezdihar Holding to develop “The Beaumont”, the country’s first fully integrated residential, commercial, and leisure project. Covering 77,000 square meters with an estimated investment of $250–300 million, the development represents a significant step in revitalizing Syria’s tourism sector and strengthening its role as a driver of investment, job creation, and talent development.

Construction will be carried out in phases and is expected to be completed within four years. The project is set to generate 1,500–2,500 direct jobs and an additional 3,000–3,500 indirect positions, establishing it as a major catalyst for economic growth.

Located near Umayyad Square in one of the world’s oldest continuously inhabited cities, The Beaumont will serve as a prime destination for companies seeking regional or national headquarters, while offering a vibrant hub for tourism, hospitality, and retail within a modern urban setting.

The development will feature two landmark towers along the Barada River waterfront. The first tower will house a five-star hotel with 150 rooms, including presidential suites, premium dining outlets, a private members’ club, and a fully equipped spa. The second tower will offer 26 floors of luxury residences, from one-bedroom serviced apartments to 570-square-metre duplex penthouses, all with panoramic views of Damascus.

The development will also include a two-level retail center, an outdoor promenade with cafés and restaurants, and a 10-storey modern business center designed to attract regional and international companies.

H.E. Mazen Al Salhani, Minister of Tourism commented: “The Beaumont marks a pivotal milestone for Syria’s tourism sector, representing a major leap in our efforts to revitalise the industry and enhance the country’s appeal as a premier investment destination. Projects of this scale stimulate economic growth, attract high-quality investment, create sustainable jobs, and reinforce confidence in Syria’s future. Beyond infrastructure, this development sets a new benchmark for integrated tourism, transforming Damascus’ urban landscape, supporting related economic sectors, and showcasing our commitment to global standards through strategic partnerships that strengthen Syria’s competitiveness in the region.”