IHG Resorts & Resorts has introduced the signing of InterContinental Riyadh King Fahed Street.
The property types a part of a grasp growth settlement with Riva Improvement Firm, through its wholly owned subsidiary Riva Hospitality for Lodge Providers Firm.
The newest growth follows the signing of Lodge Indigo Riyadh King Abdallah Street, and is the second of at the least seven lodges to be introduced with the associate.
All openings set to happen in Saudi Arabia throughout the IHG portfolio of manufacturers within the coming years.
Pioneering luxurious journey since 1946, the InterContinental model is celebrating its diamond anniversary this yr.
The model additionally has a robust legacy in Saudi Arabia, having opened InterContinental Riyadh, in 1975.
Anticipated to open in 2025, InterContinental Riyadh King Fahed Street will add to present model portfolio of 9 working InterContinental lodges within the kingdom.
The resort will symbolize the best-in-class product with a refreshed, fashionable design, and can function 250 elegantly appointed visitor rooms and 150-unit flats as a part of InterContinental Residences.
Talking on the announcement, Haitham Mattar, managing director, India, Center East & Africa, IHG, stated: “As a part of our continued progress technique, and according to the Saudi Tourism Improvement Technique, we’re proud to associate with Riva Improvement Firm as we develop our presence in Saudi Arabia.
“IHG has a robust and credible status within the luxurious section by way of the enduring InterContinental model which has loved nice success in Saudi Arabia during the last 4 a long time.
“InterContinental Riyadh King Fahed Street will likely be a model defining property and can supply company distinctive experiences immersed in native hospitality and worldwide service excellence.”