InterContinental Hotels Group signs franchise agreements with Loulouat Al Madinah Hospitality and Al Hokair Group
InterContinental Hotels Group (IHG) has signed franchise agreements with with Loulouat Al Madinah Hospitality and Al Hokair Group for two Holiday Inn properties in Saudi Arabia.
The agreements for the Holiday Inn Madinah King Abdulaziz Road and Holiday Inn Jeddah Al Hamra were signed and announced at Arabian Hotel Investment Conference (AHIC) 2019 in Ras Al Khaimah.
Holiday Inn Jeddah Al Hamra will feature 253 rooms and a host of facilities for business and leisure travelers 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 offer 180 keys and will feature 2,000 sq m of banqueting space for events and conventions, a business centre as well as a gym and two dining options.
Pascal Gauvin, managing director, India, Middle East & Africa, IHG, said: “Saudi Arabia remains a key strategic market for IHG in the Middle East, and we are proud to collaborate once again with our esteemed long-term partner, Al Hokair Group, and also to partner with Loulouat Al Madinah Hospitality for the first time.”
Omar Samara, CEO, Al Hokair Group added: “The tourism landscape in Saudi Arabia is changing, in line with Vision 2030, and offers unprecedented opportunities for the hospitality sector. This partnership will further diversify the type of hospitality offerings in both cities for international and domestic travelers alike.”
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... we are confident the hotel will be a huge success when we open our doors in 2020.”
Currently, IHG operates 91 hotels in the Middle East with a further 37 in the development pipeline due to open within the next three to five years.For all the latest travel news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.