IHG Signs Agreement for Holiday Inn Madinah West
The hotel will cater to the increasing number of religious tourists visiting the country
October 21, 2019 // Franchising.com // IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, has signed a Management Agreement with leading hospitality supplier, The Arabian Hospitality Company, to open Holiday Inn Madinah West in 2022. The new property will cater to the influx of religious tourists expected as part of Vision 2030 and reinforces IHG’s commitment to expand its presence and diversify its portfolio across the Kingdom.
Once completed, the 700-key property will be IHG’s fourth hotel in Madinah, joining InterContinental Dar Al Hijra, InterContinental Dar Al Iman, and Crowne Plaza Madinah. Conveniently located in one of the most frequented pilgrimage areas in Saudi Arabia, Holiday Inn Madinah West will be in close proximity to Prince Mohammed bin Abdul Aziz International Airport in Madinah, making it a great base for religious tourists.
Pascal Gauvin, Managing Director, India, Middle East & Africa, IHG said: “Given their solid presence in the Middle East, we are excited to partner with The Arabian Hospitality Company as we strengthen our presence in Saudi Arabia. Religious tourism remains a major driving force of Saudi’s economy and we continue to strengthen our offering to cater to this important group of travellers. Holiday Inn is a brand known and preferred by travelers across the globe, and we are confident that Holiday Inn Madinah West will be a great success.”
Sherif Abo Hashish, Financial Consultant, Arabian Hospitality Co. added: “We are proud to be partnering with an experienced, global hospitality company such as IHG, which has a strong legacy in Saudi Arabia. Holiday Inn Madinah West will offer quality branded accommodation to the increasing number of pilgrims visiting the Kingdom and we look forward to welcoming them in 2022.”
IHG currently operates 33 hotels across 4 brands in Saudi Arabia, including: InterContinental Hotels and Resorts, Crowne Plaza Hotels and Resorts, Holiday Inn and Staybridge Suites with a further 20 in the development pipeline due to open within the next three to five years.**
**Numbers as of 30 September 2019
IHG ® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN Hotels ®, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, voco™, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Holiday Inn Club Vacations®, avid™ hotels, Staybridge Suites®, Atwell Suites™ and Candlewood Suites®.
IHG franchises, leases, manages or owns nearly 5,800 hotels and approximately 865,000 guest rooms in more than 100 countries, with over 1,900 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 400,000 people work across IHG's hotels and corporate offices globally.
Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihgplc.com/media and follow us on social media at: www.twitter.com/ihgcorporate, www.facebook.com/ihgcorporate and www.linkedin.com/company/intercontinental-hotels-group
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SOURCE IHG ® (InterContinental Hotels Group)
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