IHG Hotels and Resorts partner with SEDCO Capital to launch Hotel Indigo Grand Square Jeddah

The 150-key property will be part of Jeddah’s upcoming landmark, Grand Square development, delivering a modern, design-led experience in vibrant neighbourhood

Partnership:
IHG Hotels & Resorts signed a management agreement with SEDCO Capital, a global multi-asset investment firm, to launch Hotel Indigo Grand Square Jeddah.

Property Details:
- 150-key lifestyle hotel.
- Located in the upcoming Grand Square mixed-use development on King Abdulaziz Road, Jeddah.
- Integrates hospitality, retail, and office spaces into one destination.

Design & Experience:
- Reflects Hotel Indigo’s neighbourhood-inspired design approach.
- Offers thoughtfully designed rooms, high-end amenities, and a creative, authentic atmosphere.

Strategic Importance:
- First collaboration between IHG and SEDCO Capital.
- Supports Saudi Vision 2030 goals to diversify tourism and urban development.

Statements:
- Haitham Mattar (IHG MD, India, Middle East & Africa) emphasized lifestyle travel demand in Saudi Arabia and the brand’s storytelling/local immersion approach.
- Abdulwahhab Abed (CEO, SEDCO Capital) highlighted the project’s role in enhancing Jeddah’s position as a leading urban and tourism hub.

IHG in Saudi Arabia:
- Currently operates 46 hotels across six brands (InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites, voco, Hotel Indigo).
- Pipeline of 60 hotels set to open in the next 3–5 years.

This project positions Jeddah as a growing lifestyle destination, blending culture, creativity, and modern hospitality.