IHG Hotels & Resorts signed a management agreement with The King Abdullah Financial District Management and Development Company (KAFD DMC), a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), to bring the first Kimpton hotel in the region to Riyadh, Saudi Arabia. Offering guests a personalized luxury experience, the Kimpton brand has a heartfelt approach to hospitality that has translated to unique, design-led hotels across the globe. The new Kimpton Riyadh will join existing Kimpton properties across countries including the United States, France and Scotland. With doors set to open in June 2024, the 212-key Kimpton Riyadh will mark the first foray of the luxury brand in the region. The debut comes as part of IHG’s ongoing growth strategy, aligned with the objectives of Crown Prince Mohammed Bin Salman’s Vision 2030 tourism objectives, to cater to a growing number of guests in the Kingdom who seek unique luxury experiences. In acknowledgement of the new trend towards blended travel, KAFD offers entertainment and retail, alongside its commercial office space and hospitality offerings. The Kimpton Riyadh will be a new-build property in the heart of KAFD, Saudi Arabia’s prime business and lifestyle destination, making it a key destination hotel for the discerning business traveller. However, in acknowledgement of the new trend towards blended travel, the hotel will also cater to those who seek a lifestyle element to their stay. Set in the heart of the Saudi capital Riyadh, 22-kilometers away from the airport, KAFD is home to 1.6 million square meters of state-of-the-art office space, world-class venues and iconic luxury residences, designed to transform the way urban communities live, work, and play. A landmark development, KAFD is a key driver of Riyadh’s …
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