Mubasher: The hospitality group Hilton expects to launch approximately 100 hotels across the Middle East and North Africa (MENA) region during the coming five years.
Equating to a $9 billion worth of investment, Hilton will open the new hotels mainly in the UAE, Saudi Arabia, Kuwait, Bahrain, Morocco, and Egypt, according to a recent press release.
The investment includes four new signings; the 111-room Hampton by Hilton Kuwait Salmiya; the 200-room Canopy by Hilton Al Khobar the; the 99-room Embassy Suites by Hilton Dubai Business Bay; and the 234-room Hilton Garden Inn Dubai Business Bay.
Hilton Al Khobar the Avenues’ Canopy is scheduled to open in 2023, while the remaining three hotels are set to open in 2022.
Such business expansion will see the company almost double in size in the UAE and quadruple in size in Saudi Arabia over the coming five years, bringing Hilton’s portfolio to almost 50 hotels in each of these key markets.
Senior vice president development EMEA at Hilton Patrick Fitzgibbon said: “As Hilton enters its 100th year, we have almost 30,000 rooms in our MENA pipeline and have recently announced deals that will see us introduce our lifestyle brand Canopy by Hilton to KSA, as well as Embassy Suites by Hilton to the region.”
Speaking ahead of the Arabian Hotel Investment Conference (AHIC), Fitzgibbon added, “The addition of 100 hotels will create genuine value for the economy with some 25,000 new jobs across these hotels as they open in the coming years.”
The international hospitality group, Hilton, currently operates 64 hotels in the Middle East and North Africa region.
