Saudi Real Estate agrees with Starwood to build two hotels in Riyadh

  Saudi Real Estate Co 4020.SE has agreed with U.S. firm Starwood Hotels and Resorts (HOT.N) to build two hotels next to a district of Riyadh which the government plans to develop into an international business zone. Starwood will manage a five-star hotel under its Westin brand and a four-star hotel under its Element brand, …