Hilton Worldwide, Mawten to develop first dual-branded property
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Hilton Worldwide signed an agreement with Mawten Hospitality LLC to introduce the company’s first dual branded property in Riyadh.
The single-site development for Hilton Garden Inn Riyadh Financial District and DoubleTree Suites by Hilton Riyadh – Financial District will be located in an area North of Riyadh, close to King Abdullah Financial District (KAFD).
Currently under construction, KAFD will be home to international banks, financial institutions and legal firms as well as the site of the headquarters of the Capital Market Authority and Tadawul. The District will include around 40 multi-use designer towers.
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. The dual development is expected to open Winter 2015.