1 Hilton Worldwide plans first dual branded property in KSA
Signing with Mawten Hospitality brings two new hotels to Riyadh
The single-site development for Hilton Garden Inn Riyadh Financial District, KSA and DoubleTree Suites by Hilton Riyadh - Financial District, KSA will be located in an area of the north of Riyadh, close to King Abdullah Financial District (KAFD).
Rudi Jagersbacher, president, Hilton Worldwide Middle East & Africa said that the new signing with Mawten Hospitality signified “Hilton Worldwide’s intent to become the pre-eminent hospitality provider in Saudi Arabia.”
“We are bringing two of the leading global hospitality brands to a location which is destined to become a sophisticated, bustling metropolis within two years,” he added.
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Currently under construction, King Abdullah Financial District will be home to many leading international banks, financial institutions and legal firms as well as the site of the headquarters of the Capital Market Authority and Tadawul, the KSA stock exchange.
The 260-room Hilton Garden Inn development and the 110 serviced apartments of DoubleTree Suites by Hilton will share a host of business facilities including a large, multi-purpose function room, eight meeting rooms and four boardrooms.
Hilton Worldwide’s KSA pipeline makes up almost one third of the company’s total development programme for Middle East & Africa, currently the largest in the region at 59 properties.
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