IHG Hotels and Resorts strengthens Saudi footprint with new hotels in Riyadh and Al Khobar

Here’s a crisp summary of that announcement from IHG Hotels & Resorts:

The Dual Signing
- Partnership:
IHG Hotels & Resorts signed a dual management agreement with Mosa bin Abdul Aziz Al-Mosa and Sons Real Estate Holding Co.

- New Hotels:
- Crowne Plaza Al Khobar Al Bandariyah – 232 rooms, opening Q1 2027, located near the Corniche with strong connectivity to Dammam and King Fahd International Airport.
- Holiday Inn Riyadh Rose Yard – 106 rooms, opening late 2026, situated in Al-Suwaidi district with access to the Diplomatic Quarter and Diriyah Gate.

Features & Concepts
- Crowne Plaza Al Khobar Al Bandariyah: Flexible meeting spaces, social areas, designed for business and leisure.
- Holiday Inn Riyadh Rose Yard: Incorporates the Open Lobby concept, transforming traditional lobbies into versatile hubs for dining, working, and relaxing.

Strategic Importance
- Strengthens IHG’s footprint in two dynamic Saudi markets:
- Riyadh – the capital, attracting investment in finance, real estate, and tourism.
- Al Khobar – a coastal hub in the Eastern Province, close to major corporate demand drivers.
- Supports Saudi Vision 2030, aligning with national goals of tourism growth and economic diversification.

IHG in Saudi Arabia
- Currently operates 46 hotels across six brands (InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites, voco).
- Has 60 hotels in the pipeline to open within the next 3–5 years.
- Guests will benefit from IHG One Rewards, offering perks like suite upgrades, lounge memberships, and extended check-outs.

This move shows IHG’s confidence in Saudi Arabia’s hospitality sector and its ambition to build a portfolio of 1,000+ hotel rooms by 2030 in partnership with Al Mosa and Sons.