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IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, 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 the Kingdom of Saudi Arabia. With Ministry of Tourism encouraging such investments in the Kingdom, the signing took place in the presence Mr. Mahmoud Abdulhadi, Deputy Minister for Destination Enablement.

IHG Hotels&Resorts and Tashyid for Hotel Operations agree to develop 12 hotels and 2,500 keys under the Holiday Inn Express brand across Saudi Arabia.

IHG Hotels & Resorts has signed a Master Development

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.

Signing of Master Development Agreement builds on decade-long partnership with six hotels in operation with further plans to launch 14 new hotels across the country MANILA, Philippines, May 5, 2023 /PRNewswire/ -- Radisson Hotel Grouphas embarked on the latest phase of its expansion strategy in the Philippines, with the signing of a Master Development Agreement for the Park Inn by Radisson brand, with SM Hotels & Conventions Corp. (SMHCC) for 14 new hotels across the country over the next five years, taking their total targeted portfolio with Radisson Hotel Group, to 20 hotels by 2028. (L-...