IHG to launch two Holiday Inn Hotels in Saudi Arabia

Global hotel firm Intercontinental Hotel Group has agreed two franchise deals with Holiday Inn hotels based in Saudi Arabia.

IHG's Kenneth Macpherson (left) and Loulouat Al Madinah Hospitality's Sami Al Hokair signing the franchise deal
IHG's Kenneth Macpherson (left) and Loulouat Al Madinah Hospitality's Sami Al Hokair signing the franchise deal

Global hotel firm Intercontinental Hotel Group has agreed two franchise deals with Holiday Inn hotels based in Saudi Arabia.

Announced at the Arabian Hotel Investment Conference (AHIC) in Ras Al Khaimah, IHG revealed that they finalised a franchise deal for Madinah King Abdulaziz Road with Loulouat Al Madinah Hospitality and Holiday Inn Jeddah Al Hamra with Al Hokair Group.

The signings are part of IHG’s strategy to expand its footprint across the kingdom, with its midscale offerings.

Holiday Inn Jeddah Al Hamra will feature 253 rooms and a host of facilities for business and leisure travelers including three food and beverage outlets, six meeting rooms and a business centre.

Holiday Inn Madinah King Abdulaziz Road, which is due to open in 2020, will be a 180-key hotel and will include a 2,000 sq m of banqueting space for events and conventions. According to IHG, the hotel is expected to attract corporate travellers.

IHG’s managing director for India, the Middle East and Africa, Pascal Gauvin, said Saudi Arabia remained a key strategic market for IHG in the Middle East.

“These signings demonstrate our commitment to Vision 2030 and the development of the rapidly evolving hospitality sector in the Kingdom,” said Gauvin.

IHG operates 91 hotels across 5 brands in the Middle East, with a further 37 in the development pipeline due to open within the next three to five years.

For all the latest hospitality news from UAE, Gulf countries and around the world, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page.

Most Popular

Newsletter