Tag Archives: KAFD

Marriott International, Inc. and King Abdullah Financial District Development & Management Company (KAFD DMC) announced the signing of an agreement to open a new property from W Hotels within KAFD – Riyadh’s premier business and lifestyle destination. Slated to open in 2025, W Riyadh will offer an urban escape within the capital and will bring the brand’s bold design, elevated service, innovative culinary experiences, and always-on programming to locals and international visitors alike, positioning the property to emerge as an icon of hospitality in Riyadh. W Riyadh is expected to feature 210 luxury guest rooms and suites, seven restaurants, retail space, and expansive event and meeting facilities. Design plans for the property also include signature brand spaces such as the Living Room, WET Deck®, AWAY® Spa, and FIT® fitness center, and the hotel will provide the brand’s iconic Whatever/Whenever service. “In line with the strategic framework of Vision 2030, Riyadh is fast becoming a key regional metropolis attracting global leisure and business travellers alike,” said Chadi Hauch, Regional Vice President, Lodging Development, Middle East, Marriott International. “This monumental signing underscores the increased demand for distinctive luxury brands in the capital and we look forward to working with KAFD DMC to bring the W Hotels vision for innovation, creativity, design, and exploration to the city.” The signing of W Riyadh is in alignment with KAFD’s strategic vision to broaden and enrich its dynamic lifestyle destinations, attracting both business and leisure travellers with elevated luxury and hospitality offerings. “The Kingdom has surpassed Vision 2030 tourism expectations seven years ahead of schedule which sets the stage for future growth. As a cornerstone initiative of the Kingdom’s Vision, and in keeping with the new …

IHG Hotels & Resorts signed a management agreement with The King Abdullah Financial District Management and Development Company (KAFD DMC), a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), to bring the first Kimpton hotel in the region to Riyadh, Saudi Arabia. Offering guests a personalized luxury experience, the Kimpton brand has a heartfelt approach to hospitality that has translated to unique, design-led hotels across the globe. The new Kimpton Riyadh will join existing Kimpton properties across countries including the United States, France and Scotland. With doors set to open in June 2024, the 212-key Kimpton Riyadh will mark the first foray of the luxury brand in the region. The debut comes as part of IHG’s ongoing growth strategy, aligned with the objectives of Crown Prince Mohammed Bin Salman’s Vision 2030 tourism objectives, to cater to a growing number of guests in the Kingdom who seek unique luxury experiences. In acknowledgement of the new trend towards blended travel, KAFD offers entertainment and retail, alongside its commercial office space and hospitality offerings.  The Kimpton Riyadh will be a new-build property in the heart of KAFD, Saudi Arabia’s prime business and lifestyle destination, making it a key destination hotel for the discerning business traveller.  However, in acknowledgement of the new trend towards blended travel, the hotel will also cater to those who seek a lifestyle element to their stay. Set in the heart of the Saudi capital Riyadh, 22-kilometers away from the airport, KAFD is home to 1.6 million square meters of state-of-the-art office space, world-class venues and iconic luxury residences, designed to transform the way urban communities live, work, and play. A landmark development, KAFD is a key driver of Riyadh’s …