IHG expands lifestyle portfolio in Saudi Arabia, with Hotel Indigo Jeddah

EDITOR
Sep 21, 2022
3 min read

The signing comes a year after the brand’s entry into the Kingdom - IHG® Hotels & Resorts has announced the signing of a Management Agreement with Saudi Investment Group and Marketing Co (SIGMAC), a wholly owned subsidiary of Ghazzawi Group, for its second Hotel Indigo in Jeddah. Opening in Q1 2028, Hotel Indigo Jeddah will comprise of 267 hotel rooms and 173 serviced apartments. The signing which took place at Future Hospitality Summit (FHS) in Dubai comes as part of IHG’s continued expansion in the region and in Saudi Arabian hospitality market, in line with Vision 2030.

Speaking on the announcement, Haitham Mattar, Managing Director, India, Middle East & Africa, IHG said: “With the signing of our second Management Agreement for Hotel Indigo in Jeddah, we look forward to being able to welcome more guests to visit this exciting and dynamic city in the coming years. “We are greatly encouraged by the Saudi leaderships’ investment into the reinvigoration of Jeddah, under the Saudi Tourism Development Strategy. Joining our Hotel Indigo properties in Riyadh, and Hotel Indigo Durrat Al Arus here in Jeddah, this new agreement aligns closely with our ambition to deliver a truly unique urban lifestyle proposition to new guest segments in Saudi Arabia. It will continue to drive forward our vision of offering the perfect balance of local experiences and hospitality, complimented by the familiarity of our brands’ modern design and the latest technological advancements in the industry.”

Jason Addison, the CEO of SIGMAC, added: “We’re pleased to partner with IHG to bring a new Hotel Indigo to Jeddah with our iconic mixed-use development in the city. The Kingdom’s tourism offering is ever growing and it’s exciting to be an integral part of that, while reassured by being partnered with one of the world’s largest hotel groups.