Home » TRAVEL EVENT NEWS » Riyadh’s King Abdullah Financial District Partners With Hilton To Boost Tourism In Saudi Arabia Published on
October 30, 2025Riyadh’s King Abdullah Financial District (KAFD) has taken a major step forward in boosting its tourism and business potential with a landmark partnership with Hilton. The King Abdullah Financial District Development and Management Company (KAFD DMC) signed a Hotel Management Agreement (HMA) with Hilton to operate a 450-key Hilton Hotels & Resorts property in the heart of Riyadh. This new venture, officially announced at the 9th edition of the Future Investment Initiative (FII) in Riyadh, represents a key milestone in the district’s strategy to attract global business and leisure travellers, aligning with Saudi Arabia’s Vision 2030.This exciting partnership is poised to redefine hospitality in Riyadh, creating new opportunities for visitors and contributing to the city’s emergence as a major global destination for both business and leisure. The new Hilton property is expected to significantly elevate the hospitality scene, complementing the district’s role as a hub for conferences, business meetings, and cultural experiences.Advertisement KAFD’s Vision for GrowthThe KAFD is at the forefront of Saudi Arabia’s ambitious Vision 2030, which aims to diversify the economy and make the Kingdom a global business and tourism centre. The district is rapidly evolving into a mixed-use urban destination, featuring state-of-the-art office spaces, residential communities, and retail hubs. The addition of the Hilton hotel will further strengthen KAFD’s reputation as a vibrant business and lifestyle ecosystem.Saad Abdulaziz Alkroud, Chairman of the Board at KAFD DMC, expressed his excitement about the partnership with Hilton. He noted that the agreement would greatly enhance KAFD’s hospitality offering, positioning the district as a prominent destination for international visitors. This partnership will also help realise the goals of Vision 2030 by contributing to the Kingdom’s tourism growth through world-class infrastructure and premium accommodation options.John Pagano, Managing Director of KAFD DMC, added that this agreement is a significant step in supporting the district’s expansion, focusing on creating a dynamic environment where business and leisure seamlessly converge. The hotel will enhance the overall visitor experience by providing top-tier accommodation and amenities, making it a perfect complement to the district’s broader ambitions.What the New Hilton Hotel OffersThe Hilton Riyadh King Abdullah Financial District will feature 450 modern and elegantly designed guest rooms and suites. With Hilton’s signature service, the hotel will offer a distinctly local experience, combining international hospitality standards with the warmth of Saudi Arabian culture. Guests will enjoy an array of dining options, from a stylish lobby café to specialty restaurants and a poolside terrace.Advertisement For business travellers, the hotel will provide 900 square metres of event space, inc …
