Company to run hotel, residences at King Saud University
It's back to school for Hilton Worldwide, which has signed management agreement with Saudi Arabia's King Saud University Endowment to run the 241-room Hilton Riyadh King Saud University and the 155-room Hilton Riyadh King Saud University Residence, both of which expected to open by 2012.
“Saudi Arabia is our number one development market in the Middle East,” said Andrew Clough, Hilton Worldwide's senior vice president, development, Middle East & Asia-Pacific. “Riyadh is drawing both domestic and international visitors from strong business and corporate markets, and we are delighted to meet this demand with two additional Hilton branded properties with the same owner. The cross-selling opportunities with our six existing hotels in Makkah, Madinah, Jeddah and Riyadh are tremendous.”
King Saud University is Saudi Arabia's oldest and largest higher education center, with a student population of about 70,000.
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