SFDA move to impose travel ban on workers of food outlets in the event of food poisoning    Move to ban on establishing zoos in residential neighborhoods    GACA: 1029 complaints recorded against airlines, with least complaints in Riyadh and Buraidah airports during October    CMA plans to allow former expatriates in Saudi and other Gulf states to invest in TASI    11 killed, 23 injured in Israeli airstrike on Beirut    Trump picks billionaire Scott Bessent for Treasury Secretary    WHO: Mpox remains an international public health emergency    2 Pakistanis arrested for promoting methamphetamine    Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Al Qadsiah hands Al Nassr their first defeat in the Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Hilton to manage 2 new hotels in Riyadh
Published in The Saudi Gazette on 20 - 08 - 2010

Hilton Worldwide has signed up to manage two new hotels in Riyadh, a city ranked high on the global hospitality performance scale.
“Hotel performance in KSA and Riyadh in particular fared very well during the first six months of 2010 relative to regional and global lodging markets. Deloitte's Global RevPAR rankings cite that Riyadh holds a third position just below Dubai and Geneva,” Sven Gade, director and head of consulting at PKF.
Saudi Arabia is one of the leading development markets in the Middle East for Hilton, said Andrew Clough, the group's senior vice-president development for Middle East & Asia-Pacific.
“Riyadh is drawing both domestic and international visitors from strong business and corporate markets,” he commented on the two management agreements signed with Saudi Arabia's King Saud University Endowment.
The group already manages six hotels in the country in Makkah, Madina, Jeddah and Riyadh and plans to open the Hilton Riyadh King Saud University (241 rooms) and the Hilton Riyadh King Saud University Residence (155 rooms) by 2012.
The signing of the Management Agreement with Saudi Arabia's King Saud University Endowment for the two hotels was announced yesterday.
The signing was conducted by Abdullah A. Al Othman, director, King Saud University, Essam Abouda, vice-president, Pperations, Hilton Worldwide, Arabian Peninsula and Indian Ocean and Carlos Khneisser, senior director of Development, Hilton Worldwide, Middle East.
The two hotels are unlikely to compete with their counterparts in Riyadh itself. King Saud University City, although a significant mixed-use development in terms of build-up area and in close proximity to Riyadh is anticipated to complement rather than compete with the lodging market of the capital, said Gade.
“The area is expected to cater primarily to students, teachers and their visiting family and friends as opposed to the business segment which is traditionally catered to by Riyadh,” he added.
Four more hotels including the Hilton, Hilton Garden Inn and Doubletree brands are expected to come on line between the end of next year and 2014. The group's strategy focuses on rolling out Hilton's economy brand Garden Inn across the country. The development pipeline envisages an additional 2,500 rooms. Saudi GDP is forecast to grow by 2.5 to 4 percent during the next four years.


Clic here to read the story from its source.