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IHG Hotels & Resorts has signed a Master Development Agreement (MDA) with Tashyid for Hotel Operations, which will see the development of 12 hotels and 2,500 keys under the Holiday Inn Express brand across Saudi Arabia.
Holiday Inn Express Riyadh will be a new-build property that is set to open in 2026.
IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, has signed a management agreement with Riyadh-based Al Woroud Real Estate to bring one of the world’s largest and most loved hotel brands, Holiday Inn Express, to the Kingdom. The latest signing will strengthen the company’s mainstream offering in Riyadh and provide an elevated, smart offering to cater to new international and Saudi guest segments, as part of Saudi Vision 2030 strategy for tourism.
IHG Hotels & Resorts, a leading global hotel company, has signed a management agreement with Riyadh-based Al Woroud Real Estate to bring one of the world’s largest and most loved hotel brands, Holiday Inn Express, to the Kingdom.
The new-build hotel in Riyadh will cater to the next generation of "smart travellers" Riyadh, Saudi Arabia, 17 April 2023: IHG® Hotels & Resorts, one... | April 17, 2023