InterContinental Hotels Group (IHG) signed a 15 year management agreement with Al Andalus Property for a Staybridge Suites hotel in Jeddah, Kingdom of Saudi Arabia.
Staybridge Suites Al Andalus Mall is due to be the first Staybridge Suites property to open in Saudi Arabia.
This announcement follows closely after IHG announced plans for a Staybridge Suites property on Hira Street in Jeddah. These two Jeddah properties mark the entrance of the Staybridge Suites brand into Saudi Arabia.
Construction is already under way on the 164-key Staybridge Suites Al Andalus Mall, which will be positioned in Al Andalus Square, currently under development on Kind Abdullah Street in the heart of the new city centre. Once completed, the square will be a major landmark in this part of the city.
The Staybridge Suites brand launched in 1998, and the first Staybridge Suites in the Middle East opened in Cairo in 2008 and is expanding across the Middle East with seven properties in the pipeline.
IHG is an organization with a portfolio of nine hotel brands, including InterContinental Hotels & Resorts, Hotel Indigo, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels and Resorts, Holiday Inn Express, Staybridge Suites, Candlewood Suites, EVEN Hotels and HUALUXE Hotels & Resorts. IHG franchises, leases, manages or owns over 4,600 hotels and 679,000 guestrooms in nearly 100 countries and territories. It has more than 1,000 hotels in its development pipeline.