The hotel is set to be developed in partnership with Al Akaria Real Estate Co. and is expected to open its doors in 2028.
IHG Hotels & Resort has signed a management agreement with Almuhaysin Group to open the first Regent Hotel in the Middle East, in Saudi Arabia.
Hilton (NYSE: HLT) today announced the signing of a management agreement for a new hotel in Jeddah. The hotel is owned by AlAhli REIT Fund (1), a listed investment fund managed by SNB Capital. In the coming years, Hilton expects to grow its portfolio in Saudi Arabia to more than 75 hotels.
Four Seasons Hotels and Resorts announced plans to expand its presence in the Middle East alongside Saudi-based investment firm Midad Real Estate. Together, they will introduce Four Seasons Hotel and Private Residences Jeddah at the Corniche, a new-build coastal retreat scheduled to open in 2024.
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.
With a location at the heart of Jeddah’s Obhur Bay on the Red Sea, Rixos Obhur Jeddah will feature a private beach and 247 residential units, including 174 rooms and 73 villas with a Club Prive lounge, a main fine-dining restaurant, a Lounge bar, and two specialty beach restaurants.
IHG Hotels & Resorts has announced the signing of a Management Agreement with Dallah Real Estate Company for a Hotel Indigo Resort in Durrat Al Arus, Jeddah.
This week, Hilton announced the signing of Hilton Garden Inn Jeddah Falastin. The 176-guest room property will be developed in partnership with Ahmed Al Amoudi Group and is expected to open in 2025.
Expected to open in January 2022, the 156-room property will be strategically located behind the corniche road, near Jeddah Waterfront, InterContinental Jeddah and Crowne Plaza Jeddah.
Being one of the closest hotels to the new Jeddah airport, offering 1,710sqm of meeting and banqueting space (including two ballrooms of 500 square metres and 400 square metres), the hotel will be positioned as a destination for upscale corporate guests and will be well suited for their MICE requirements.