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...