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IHG to Open 12 ‘Next Generation’ Holiday Inn Express Hotels Across Saudi Arabia Under MDA With Tashyid for Hotel Operations
IHG Hotels & Resorts | May 17, 2023
Riyadh, Saudi Arabia, 17th May 2023: 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. The agreement will allow IHG to expand and diversify its mainstream offering across Sau...
IHG® Signs Agreement With Al Hokair Hospitality for Development of at Least 10 Holiday Inn Express® Hotels in Saudi Arabia
IHG | April 18, 2018
InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, has signed a Master Development Agreement (MDA) with Saudi Arabian business conglomerate, Al Hokair Group, which will see the debut of Holiday Inn Express® brand in Saudi Arabia, with a rollout of at least 10 Holiday Inn Express® hotels over next 15 years. This significant development, which was announced at Arabian Hotel Investment Conference (AHIC), complements IHG's robust pipeline in the Kingdom and cements its position as one of the leading operators in the country, as well as consolidating its partnership with the Al Hokair Group. Al Hoka...