Starwood to open two Riyadh hotels

Westin

Riyadh's hotel scene keeps getting better. Saudi Real Estate has reportedly agreed to build two Starwood Hotels & Resorts properties next to a planned international business zone in the capital.

When the projects are completed, Starwood will manage a five-star Westin hotel and a four-star Element hotel. Saudi Real Estate, which owns the land, did not share any other details of the hotel's construction plans.

The project will be adjacent to the multibillion-dollar King Abdullah Financial District, which was launched in 2006 for banks and the financial regulator but has reportedly struggled to attract tenants.

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The government said in April that it would rescue the financial district by transforming it into a special business zone with competitive regulations, visa exemptions for foreigners working there and direct connections to Riyadh's international airport.

Source: Arabian Business

 

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