Abu Dhabi: Movenpick Hotels and Resorts announced it will open its second property in Riyadh after signing an agreement to manage a property in the city’s King Abdullah Financial District.

The 353-key hotel will open in 2017 under the name Movenpick Hotel Financial District Riyadh, and will include 264 rooms, 85 apartments, and four bungalows.

The new property will mark Movenpick’s 13th hotel in Saudi Arabia. Movenpick will also open its third hotel in Jeddah this year and its third in Al Khobar in 2016.