IHG reaches deal for 12 Holiday Inn Express hotels in Saudi Arabia

IHG reaches deal for 12 Holiday Inn Express hotels in Saudi Arabia

IHG Hotels and Resorts has signed a master development agreement (MDA) with Tashyid for Hotel Operations to develop 12 hotels, totaling 2,500 keys, under the Holiday Inn Express brand across Saudi Arabia. As part of the agreement, IHG also signed the first Holiday Inn Express hotel with Tashyid for Hotels Operations Limited which will debut the brand in Jeddah by June 2025. The 300-room Holiday Inn Express Jeddah hotel will be located on Al Madinah Road. Holiday Inn Express is IHG’s fastest growing brand with over 3,000 operational hotels globally. Haitham Mattar, managing director for India, Middle East and Africa at IHG Hotels and Resorts said, “As we continue to expand our presence and diversify our offering, in line with Saudi Arabia’s tourism strategy, we are delighted to announce a partnership with Tashyid for Hotel Operations to further grow our Holiday Inn Express offering in the kingdom for domestic and international travellers alike. Saudi Vision 2030 has created tremendous opportunities for the tourism and hospitality industry, and we see an increasing demand for our brands across segments.” Falih Motasim Hajaj, chief executive officer of Tashyid, added. “With the kingdom marking its presence on a global tourism map, working with leading