IHG to add 10,000 rooms to Saudi portfolio by 2025
IHG Hotels & Resorts, one of the world’s leading hotel companies, will add over 10,000 rooms to its Saudi portfolio in next two to three years, significantly boosting tourism infrastructure to cater to diverse audiences.
With more high-profile signings expected in the coming months, this number is set to increase significantly.
Last year, IHG announced close to 10 hotel signings across brands such as Six Senses, InterContinental Hotels & resorts, Crowne Plaza and Hotel Indigo, which was a brand debut in the country. Additionally, the company is expected to open close to over 10 hotels in Saudi Arabia this year. IHG will also be bringing more global brands to KSA including Regent and Kimpton, which are both global benchmarks in luxury hospitality.
The company is complementing its KSA plans with a strong talent agenda, with a keen eye on hiring and developing Saudi talent to ensure that the company delivers authentic Saudi guest experiences and upskill the communities they operate in, especially in secondary and tertiary cities. IHG is working with the Ministry of Human Capital development to develop the hospitality talent pool in the Kingdom and ensure they have the right talent to cater to the expected future demand.
With Saudi Arabia moving at pace to achieve its Vision 2030 goals, developing its much-anticipated giga and mega projects, IHG is working to roll out its full portfolio in destinations ranging from global metropolitan hubs such as Riyadh, Jeddah and Makkah to emerging destinations such as Al Khobar, Abha and Dammam.
To align its ambitions with that of Vision 2030, IHG has fostered robust partnerships, including those with Ministry of Tourism, Ministry of Investment Tourism, as well as other respected government entities to facilitate developments across areas such as hospitality investment and destination promotion.
IHG opened its Saudi headquarters in 2020 in Riyadh and expanded its community of experts to manage its existing network of 36 operating hotels as well as a growing pipeline.IHG currently operates 36 hotels across 5 brands in Saudi Arabia, including: InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites and voco with a further 28 hotels in the development pipeline due to open within the next three to five years.