Waldorf Astoria Hotels & Resorts, Hilton Worldwide‘s (NYSE:HLT) luxury brand of iconic landmark hotels, today announced the signing of a management agreement with Ward Holdings to open a property in the Middle East’s leading gateway for capital and investment, Dubai International Financial Centre (DIFC).
Waldorf Astoria Dubai International Financial Centre is expected to begin welcoming guests in Autumn 2017, and will offer travellers timeless luxury and exceptional experiences in this bustling area of Dubai. The hotel will join a prestigious portfolio of 25 Waldorf Astoria properties operating in diverse global destinations such as Amsterdam, Beijing and New York.
“Sound fundamentals underpin our luxury story in the Middle East, where we have seen exceptional growth in locations tailored for both leisure and business travellers,” said Carlos Khneisser, vice president of development, Middle East and North Africa for Hilton Worldwide. “I have long admired the role DIFC plays in the world of international investment, benefitting from its east meets west location and world-class trading framework. As an iconic luxury brand originating from New York, another centre of global finance, I am delighted that we will welcome Waldorf Astoria to this international hub.”
Forming part of a mixed-use residential, retail and office-space development, Waldorf Astoria Dubai International Financial Centre will feature 247 guest rooms, as well as a range of upscale dining options, spa and wellness facilities. Significant events space will include a grand ballroom and a further four meeting rooms, designed for social occasions and corporate events.