Located on Riyadh's Eastern Ring Road, a major corridor linking King Khalid International Airport with the downtown area, the newbuild Hilton Riyadh Hotel & Residence in the Kingdom of Saudi Arabia will feature two towers; a 20-storey 480-room hotel tower, and a 14-storey tower with 350 hotel apartments.

"Our goal has always been to have a Hilton branded property in every capital city around the world, so we are delighted to have signed this management agreement with GOSI marking our Hilton entry into Riyadh. There is growing demand for hotel accommodation in the capital from the business and corporate travel segments making Riyadh the perfect choice for us," said Ian Carter, President, Global Operations, Hilton Worldwide.

The hotel will be located between the 466,000 sq.m Granada Centre, one of the capital's largest shopping and entertainment malls, and Granada Business Park. Also nearby is the new Riyadh International Conference Centre, and the King Abdullah Financial District, the future home of the Saudi Stock Exchange. Further leisure attractions within close proximity include the Al Hokair Land Theme Park.

Although primarily a business destination, Riyadh is also implementing an aggressive strategy designed to lure more leisure tourism into the city.

The hotel features several food and beverage outlets, featuring all-day dining, specialty and destination restaurants, as well as two outdoor lounges. Business meetings and conferences are addressed with the hotel's renowned Hilton Meetings facilities, including separate male and female ballrooms, a junior ballroom, eight meeting rooms, two boardrooms and a business centre. Leisure and recreational facilities include a spa and health club, with separate male and female areas and a swimming pool.

Hilton Worldwide has further 19 hotels under development in the Middle East & Africa region.

www.hiltonworldwide.com