JEDDAH: Hilton Worldwide has signed a management agreement with Dar Al Bayan Real Estate Development Co. for the first Hilton Hotels & Resorts property in Jubail. The 430-key Hilton Jubail is scheduled to open in Q1 2014. Dave Horton, global head, Hilton Hotels & Resorts, said: "Hilton Al Jubail marks our entry into a new key city in the Kingdom. With 93-years of experience, global expertise, and the ability to tailor to our local communities, Hilton Jubail will ably support the city's development into a business and tourism center." The hotel, located on the Jubail corniche, will be one of the few waterfront developments being built, adjacent to the upcoming marina and in close proximity to Industrial Zone 1, the city's business hub. Construction of the 400-room and 30-suite chalets hotel is scheduled to start early next year. The property will feature two specialty restaurants, an all-day dining restaurant and a lobby lounge. The facilities will include four meetings rooms, two boardrooms, a 700-sq m ballroom, business centre, executive lounge, private beach, outdoor swimming pools and a health club. "Jubail is of strategic importance to Hilton Worldwide's development plans in Saudi Arabia – its growing significance to the economy and its coastal location, makes it one of the most dynamic cities in the region, attracting both regional and international.