Signing continues accelerated growth of the Holiday Inn brand across Saudi Arabia
Al Riyadh, Saudi Arabia, January, 17, 2021: IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a Management Agreement with Saleh Alsalamah and Partner Companies, to open Holiday Inn Jeddah Corniche. Having signed Holiday Inn Riyadh Al Malaz last year with the same partner, this latest development is part of IHG’s dedicated efforts to increase its midscale portfolio in the region.
Once completed, Holiday Inn Jeddah Corniche will be IHG’s third Holiday Inn hotel in Jeddah, joining Holiday Inn Jeddah Gateway and Holiday Inn Jeddah – Al Salam. Expected to open in January 2022, the 156-room property will be strategically located behind the corniche road, near Jeddah Waterfront, InterContinental Jeddah and Crowne Plaza Jeddah. The hotel is also in close proximity to one of the city’s must-see attractions, Jeddah Corniche, offering long stretches of sandy beaches, a winding pier and lush parklands, making it the ideal destination for business and leisure travellers alike.
Holiday Inn Jeddah Corniche will feature well-appointed guest rooms, excellent facilities including a business center, two meeting rooms (450 sqm in total) as well as a state-of-the-art gymnasium, spa and pool for guests to relax and rejuvenate. Furthermore, guests will have three dining options offering an excellent selection of food and beverages.
Commenting on the signing, Matthew Tripolone, VP, Development, Middle East and Africa, IHG said: “We are proud to partner with Saleh Alsalamah and Partner Companies once again to add another Holiday Inn hotel to our growing portfolio in the Kingdom of Saudi Arabia. Given the continued progress on Saudi Arabia’s Vision 2030 projects, we expect a continued need for midscale hotel accommodation in key cities such as Jeddah and Riyadh. We believe that upon opening in 2022, Holiday Inn Jeddah Corniche will be well suited to the diverse guest profile visiting the country; the perfect choice for corporate and leisure travellers.”
Sheikh Saleh Hossain Al-Salamah, Chairman of the Board, Saleh Alsalamah and Partner Companies added: “We see significant opportunities in Saudi Arabia for the midscale hotel market and IHG’s global reputation is a key driver behind our investment in the brand. The Holiday Inn brand has an international appeal and we are confident that this latest hotel will perform successfully and cater to the increasing demand for midscale accommodation in the country. We are certain that Holiday Inn Jeddah Corniche will offer guests a comfortable and quality option for visitors to Jeddah and play a key role in the city’s future too.”
IHG currently operates 95 hotels across 7 brands in the Middle East, including: InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express, Staybridge Suites, voco™and Six Senses with a further 42 in the development pipeline due to open within the next three to five years.
**Numbers as of September 30th, 2020