Hilton Expands Presence In Saudi Arabia

Posted by Orb Staff on February 26, 2013 No Comments
Categories : Commercial Mortgage

13371_flag_of_saudi_arabia.svg Hilton Expands Presence In Saudi Arabia McLean, Va.-based Hilton Worldwide has signed a management agreement with Hamad Abdulaziz Almousa Trading Group to develop a new DoubleTree by Hilton hotel in Saudi Arabia's commercial heartland of Al Khobar. The 158-room hotel is the third Hilton Worldwide pipeline hotel planned for Al Khobar and its 17th lodging establishment in Saudi Arabia.

DoubleTree by Hilton Al Khobar will feature a variety of inviting business and leisure amenities including extensive meeting facilities of two boardrooms, a conference hall and two meeting rooms. The hotel will also offer a health club and swimming pool as well as two restaurants and a lounge. Construction is already underway and the hotel is expected to open at the end of 2014.

‘Saudi Arabia is a powerhouse of activity for Hilton Worldwide,’ says Rudi Jagersbacher, president of Hilton Worldwide for the Middle East and Africa. ‘Al Khobar is a growing, vibrant community and I am delighted we are expanding our presence in a city which offers so much potential.’

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