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Fri 7 Feb 2020 01:15 AM

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Hotel giant Hilton says to quadruple Saudi portfolio in five years

Hilton has announced that it expects to operate more than 50 hotels, with a total of 16,000 rooms open across the kingdom, in next five years

Hotel giant Hilton says to quadruple Saudi portfolio in five years

Hotel giant Hilton has announced that it expects to quadruple its portfolio in Saudi Arabia during the next five years to more than 50 hotels, with a total of 16,000 rooms open across the kingdom.

Hilton, which currently operates five of its brands in Saudi Arabia - Waldorf Astoria, Conrad, Hilton Hotels & Resorts, DoubleTree by Hilton and Hilton Garden Inn – said it will continue to introduce new brands to the country.

Carlos Khneisser, Hilton’s vice president development Middle East and Africa said: “Saudi Arabia is an incredibly exciting and dynamic market. We are fully committed to supporting the Government’s approach to opening the country to tourism and its Vision 2030. We have a strategic approach to our brand deployment and growth in the country which enables us to offer our guests world-class products and experiences when they visit the country.”

In addition to signing nine new hotels in Saudi Arabia in 2019, he said Hilton also opened two new hotels - DoubleTree by Hilton Makkah Jabal Omar and Hilton Garden Inn Al Jubail.

He added that Hilton’s hotels in Saudi Arabia currently employ approximately 2,500 people across its 14 properties and expects to employ some 7,500 as it opens its pipeline of 40 hotels throughout the next five years.

Rival InterContinental Hotels Group (IHG) said on Monday it plans to open an office in Riyadh in March.

The news comes as IHG continues to expand its portfolio in the kingdom in response to Vision 2030 and the opportunities it presents to the tourism and hospitality sector.

IHG said the new office will also drive the performance of its existing estate further in the country and simultaneously support the expanding portfolio, as well as the company’s ambition towards leading Saudization efforts in the industry.

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