IHG, Dur Hospitality launch first hotel under master development agreement
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InterContinental Hotels Group (IHG) recently announced the signing of a franchise agreement for the first Holiday Inn in Tabuk with Dur Hospitality Company.
The 83-room Holiday Inn Tabuk is the first hotel to be developed under the master development agreement (MDA) inked between IHG and DUR Hospitality Company. The MDA will see a number of Holiday Inn hotels developed across KSA over the next five years, significantly enhancing the brand’s footprint in the Kingdom.
Holiday Inn Tabuk takes the site of the current Makarim Tabuk Hotel. The hotel will mark the entry of Holiday Inn into the city and is slated to open after its rebranding this year. The hotel will offer an all-day dining restaurant, coffee shop and lobby lounge.
The property caters well for leisure and business travellers. The meeting industry will be catered to with function spaces including ballrooms and meeting rooms.
Pascal Gauvin, chief operating officer, India, Middle East & Africa, IHG said: “The signing of Holiday Inn Tabuk is a great start to our new partnership with DUR Hospitality Company . This hotel will be our 11th Holiday Inn in the country.”
There are currently 10 Holiday Inn hotels in Saudi Arabia and a further three in the development pipeline, including Holiday Inn Makkah. Globally, there are 1,200 Holiday Inn hotels (over 221,000 rooms) open around the world, with an additional 269 hotels (more than 52,000 rooms) due to open in the next three to five years.
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