IHG in talks by Saudi Arabia to bring luxury hotels to Red Sea tourism project

referring to Intercontinental Hotels Group, that operates the Crowne Plaza & Holiday Inn brands between others, going to bring its luxury hotels to Saudi Arabia's planned Red Sea tourism destination as the country pushes to convert its economy. Initial groundbreaking at the Red Sea project is scheduled for the 3rd quarter of 2019 by the premier phase to be finished by the finish of 2022 & going to be developed by the kingdom's sovereign fortune fund, the Public Investment Fund. _________________Read more:Saudi Arabia plans mega Red Sea tourism projectSaudi Arabia tells tourist visa rules 'complete'_________________The premier phase of the Red Sea project going to involve the Growth of hotels & luxury residential units as well as all logistical infrastructure. IHG, that has 5,300 hotels globally, has 84 hotels in the Middle East. It's got 31 hotels in Saudi Arabia & signed a bargain by Hokair group to bring ten Holiday Inn Express hotels to the Kingdom.


Rotana plans 20 Saudi hotels with 2030, tells CEO

Capitalising on the opportunity is UAE's Rotana Hotels, that plans to unlock 20 hotels in the kingdom by 2030, as portion of the Saudi Vision 2030 plan. "We are opening & signing Fresh hotels there," Omer Kaddouri, President & CEO, Rotana Hotel Management, told Gulf break news in an interview on Sunday. The UAE market accounts for 60 per cent of Rotana Hotels' total revenues at present, by 40 per cent coming from other markets, Kaddouri said. Plans are afoot to unlock Rotana's premier hotel in Iran, by the finish of this year or beginning of next. The following market outside of the zone for Rotana can be India, as it plans to unlock 3 hotels there in the near future.

Rotana plans 20 Saudi hotels by 2030, says CEO

Holiday Inn Express debuts in Saudi Arabia by outline to build ten hotels in 15 years

as declared in RIYADH — InterContinental Hotels Group (IHG), 1 of the world's leading hotel companies, has signed a Master Growth licence (MDA) by Saudi Arabian business conglomerate, Al Hokair Group, that going to see the debut of Holiday Inn Express brand in Saudi Arabia, by a rollout of at least ten Holiday Inn Express hotels over following 15 years. Al Hokair Group currently operates 6 Holiday Inn hotels in Saudi Arabia. As per the exclusive Fresh agreement, the premier Holiday Inn Express going to be a 200-room hotel based in Jeddah, closely followed by openings in several key cities across the country. We are proud to once once more team up by our esteemed long-term partner, Al Hokair Group, to bring the Holiday Inn Express brand to the country, & more extend our offering to domestic & international travellers, alike. There are currently 2600 Holiday Inn Express hotels unlock across the globe, by a more 766 hotels because of unlock in in the following 3 to 5 years.






collected by :Frank Ithan

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