IHG (InterContinental Hotels Group) signed two franchise agreements including Holiday Inn Madinah King Abdulaziz Road with Loulouat Al Madinah Hospitality and Holiday Inn Jeddah Al Hamra with Al Hokair Group. The agreements were signed and announced at Arabian Hotel Investment Conference (AHIC) 2019 in Ras Al Khaimah. The signings consolidate 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 travellers including three food and beverage outlets, six meeting rooms, and a business centre. In addition, guests will be able to take advantage of recreational facilities such as the outdoor pool, a gymnasium and a spa.
Due to open in 2020, Holiday Inn Madinah King Abdulaziz Road will be strategically located near Al Haramain Railway Train Station and other major transport hubs. The 180-key hotel will feature 2,000 sqm of banqueting space for events and conventions, a business centre as well as a gym and two dining options. Given its location in the Holy City and close proximity to Knowledge Economic City, it is expected to attract both pilgrims and corporate travellers.
Commenting on the agreement, Pascal Gauvin, Managing Director, India, Middle East & Africa, IHG, said, “We are excited to leverage our experience of this market to bring more hospitality options to a broad range of travellers.” Omar Samara, CEO, Al Hokair Group, added, “IHG understands the market and has demonstrated its credentials to us as a strong partner. The tourism landscape in Saudi Arabia is changing, in line with Vision 2030, and offers unprecedented opportunities for the hospitality sector.” Sami Al Hokair, Managing Director, Loulouat Al Madinah Hospitality, said, “We are pleased to be partnering with an experienced, global hospitality company such as IHG to expand our footprint in the Kingdom of Saudi Arabia.”