IHG and Ashaad Announce Three New Hotels in Saudi Arabia

International

IHG Hotels & Resorts, in partnership with Ashaad Company, has announced the signing of three new hotels in Saudi Arabia during the Future Hospitality Summit Riyadh 2025.

The new properties – Hotel Indigo Jeddah Gate, InterContinental Al Khobar Al Hamra, and voco Al Khobar Al Andalus – will add over 1,700 rooms to IHG’s portfolio, supporting the Kingdom’s tourism goals under Saudi Vision 2030.

The hotels, set to open between 2028 and 2030, will be managed by IHG, reinforcing its presence in key cities.

InterContinental Al Khobar Al Hamra will offer 326 luxury rooms adjacent to the upscale Al Shubaily Grand Mall, targeting both business and leisure travelers.

voco Al Khobar Al Andalus will feature 717 rooms, blending premium hospitality with the brand’s unique character, conveniently located near the Corniche.

Hotel Indigo Jeddah Gate will have 700 rooms within a dynamic mixed-use development, close to Jeddah’s historic Al Balad District, catering to modern, lifestyle-focused guests.

Haitham Mattar, Managing Director of IHG for India, Middle East & Africa, stated: “This partnership with Ashaad marks a significant milestone in our expansion in Saudi Arabia, aligned with Vision 2030.”

Ali bin Mohammed Al Ali, Chairman of Ashaad Company, added: “Our collaboration with IHG aligns with Saudi Arabia’s economic transformation and reflects our commitment to delivering world-class hospitality.”

IHG currently operates 45 hotels across six brands in Saudi Arabia and plans to open 49 more within the next three to five years.