Hilton Worldwide today announced the signing of a Management Agreement with Saudi Arabia’s Granada Investment Centre established by General Organisation for Social Insurance (GOSI) for the first Hilton branded property in Riyadh scheduled to open in Q4 2013.
Located on Riyadh’s Eastern Ring Road, a major corridor linking King Khalid International Airport with the downtown area, the new-build Hilton Riyadh Hotel & Residence in the Kingdom of Saudi Arabia will feature two towers; a 20-storey 480-room hotel tower, and a 14-storey tower with 350 hotel apartments.
“Our goal has always been to have a Hilton branded property in every capital city around the world, so we are delighted to have signed this management agreement with GOSI marking our Hilton entry into Riyadh. There is growing demand for hotel accommodation in the capital from the business and corporate travel segments making Riyadh the perfect choice for us,” said Ian Carter, President, Global Operations, Hilton Worldwide.
Once completed, the hotel promises guests a distinctive hospitality experience that has been the trademark of Hilton Hotels worldwide, and will be located between the 466,000 sq.m Granada Centre, one of the capital’s largest shopping and entertainment malls, and Granada Business Park. Also nearby is the new Riyadh International Conference Centre, and the King Abdullah Financial District, the future home of the Saudi Stock Exchange. Further leisure attractions within close proximity include the Al Hokair Land Theme Park.
“The Hilton Hotels brand is the global leader in hospitality and the Middle East’s leading hotel brand (reference 2009 Business Development Research Consultants’ – BDRC - Middle East Hotel Business Guest Survey). We are excited to bring our style, world class service and directional approach to Riyadh. The hotel will be highly visible from the capital’s major highway, giving us great exposure and brand awareness amongst residents and visitors,” said Dave Horton, Global Head, Hilton Brand.
As the capital city and commercial hub of Saudi Arabia, Riyadh hosts a number of financial, cultural, technical and educational institutions. Although primarily a business destination, Riyadh is also implementing an aggressive strategy designed to lure more leisure tourism into the city.
“We wanted to work with an internationally recognised hotel brand that matches our ambition to provide world-class hotel facilities and services to a growing city. Hilton was a natural first choice. We are delighted to be working together, and look forward to a long and fruitful relationship,” said His Excellency Soliman Bin Saad Al-Humayyd, Governor, General Organisation for Social Insurance.
In addition to its well-appointed rooms and suites, travellers staying at the Hilton Riyadh Hotel & Residence will be delighted with the varied culinary experience on offer, with several food and beverage outlets, featuring all-day dining, specialty and destination restaurants, as well as two outdoor lounges. Business meetings and conferences are addressed with the hotel’s renowned Hilton Meetings facilities, including separate male and female ballrooms, a junior ballroom, eight meeting rooms, two boardrooms and a business centre. Leisure and recreational facilities include a spa and health club, with separate male and female areas and a swimming pool.
Hilton Worldwide has a large brand footprint in Middle East & Africa with 44 hotels across 14 countries, and a further 19 under development. The company has an established and diverse brand portfolio in Saudi Arabia spanning Waldorf Astoria (Qasr Al Sharq), Hilton (Jeddah Hilton, Makkah Hilton & Towers, Madinah Hilton) and Hilton Garden Inn (Hilton Garden Inn Riyadh Olaya) brands.
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