Hilton Worldwide has signed a management agreement with Ward Holdings to open a Waldorf Astoria Hotels & Resorts property in Dubai International Financial Centre.

Waldorf Astoria Dubai International Financial Centre is expected to begin welcoming guests in autumn 2017, and will join a portfolio of 25 Waldorf Astoria properties operating around the world.

“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.

Shehab Gargash, representative of the property owners, added: “Our partnership with Hilton Worldwide for the management of this truly exceptional property under the Waldorf Astoria luxury brand, at the heart of one of the world’s most dynamic financial centres, will significantly enrich the high-end hospitality and dining environments in DIFC.”