The new hotels will add 2,500 keys to IHG's portfolio
IHG Hotels & Resorts has signed a Master Development Agreement (MDA) for 12 hotels under the Holiday Inn Express brand in Saudi Arabia with Tashyid. The brand will make its debut in Jeddah in June 2025.
Holiday Inn Express champions "simple, smart travel" and is aimed at both the leisure and meetings segments, as well as Saudi’s biggest and growing demographic of Millennial and Gen Z travellers.
The 300-room Holiday Inn Express Jeddah will feature amenities such as high-speed Wi-Fi, smart TVs, and premium bedding and pillow options.
IHG Hotels & Resorts managing director, India, Middle East & Africa, Haitham Mattar said: “Saudi Vision 2030 has created tremendous opportunities for the tourism and hospitality industry, and we see an increasing demand for our brands across segments.
"Holiday Inn Express is a great offering for smart travellers who seek a hassle-free and efficient stay, and we're looking forward to providing this experience to guests across the country in the coming years.”
Tashyid chief executive officer Falih Motasim Hajaj added: “We are delighted to partner with IHG Hotels & Resorts to enable our rapid expansion within Saudi Arabia, in line with Saudi’s Vision 2030.
"With the kingdom marking its presence on a global tourism map, working with leading industry partners such as IHG is key to helping set new standards of hospitality, embrace innovation and ultimately achieve a diversified economy.”
Holiday Inn Express is IHG’s fastest growing brand with more than 3,000 hotels currently operating globally.
For more information, visit www.ihg.com