Accor and Al Ahlam Holding in deal for Jeddah Ibis
The 300-room Ibis Madinah Road is set to open in Jeddah in 2018
Accor HotelServices Middle East has signed a management agreement with Al Ahlam Holding to operate the new Ibis Madinah Road in Jeddah, Saudi Arabia.
The 300-room hotel is scheduled to open in 2018 and will include an all-day dining restaurant, lobby lounge and café corner, as well as small meeting rooms.
It will be the Al Ahlam’s second Ibis property in Saudi Arabia, following on from the opening of Ibis Yanbu in 2011. It will also add to the 15 existing Ibis hotels in the country.
“This signature is the outcome of discussions initiated by His Highness Prince Abdullah Bin Saud Bin Mohammad Al Saud back in 2011 to develop two Ibis properties in the Kingdom,” said Accor HotelServices Middle East COO Christophe Landais.
“After the successful opening earlier this year of ibis Yanbu, owned by HH Prince Abdullah, we are delighted to sign our second ibis - ibis Madinah Road with Al Ahlam Holding.”
The new hotel will be centrally-located in Jeddah and will be easily accessible from King Abdullah Road and Palestine Street, one of the main roads leading to the Jeddah Corniche. The city’s central business district and airport will also be within close proximity.
Al Ahlam Holding Group owner Prince Abdullah Bin Saud Bin Mohammad Al-Saud said: “Our first successful experience with the ibis Yanbu was undeniably an encouraging factor to pursue further cooperation with Accor.
“We are confident that ibis Jeddah Madinah Road will be a remarkable property and a valuable addition to Jeddah City, “the bride of the Red Sea”. Leveraging its great location and capacity, the future ibis Jeddah Madinah Road will cater to the growing need for quality economy hotels.”