CAYAN Group continues its partnership with NEOM for the second Hampton by Hilton hotel to be fully funded and developed at NEOM Community

  • Date: 22-Apr-2024
  • Source: Eye of Riyadh
  • Sector:Tourism
  • Country:Saudi Arabia
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CAYAN Group continues its partnership with NEOM for the second Hampton by Hilton hotel to be fully funded and developed at NEOM Community

Cayan Group, a leading real estate investment and development company in the Middle East, continues its partnership with NEOM – a giga project spanning 26,500 square kilometres in northwest Saudi Arabia – for a second Hampton by Hilton at NEOM Community. A signing ceremony between Cayan Group and Hilton for the second Hampton by Hilton took place at the International Hospitality Investment Forum (IHIF) in Berlin in the presence of Hilton’s President & CEO, Chris Nassetta, and Cayan Group’s Chairman, Ahmed Alhatti.  Under the agreement, Cayan Group will fully fund and develop a 201-key Hampton by Hilton situated at the NEOM Community to meet the rising construction demand – a critical component to further progress earthworks at the site. With construction soon starting, the Hilton-managed hotel is expected to open at the beginning of 2025. The hotel will be the second property for the brand at NEOM Community, delivering the seamless experience and thoughtful amenities and interiors that the Hampton by Hilton brand is known for. Ahmed Alhatti, Chairman of Cayan Group, said, “Further to the recent opening of Hampton by Hilton Sharma at NEOM’s Community site, we are excited to continue with our participation of being part of this visionary and