InterContinental Hotels Group (IHG) signed a franchise agreement for the first Holiday Inn in Tabuk with Dur Hospitality Company (formerly Saudi Hotels and Resort Co or SHARACO). Located on Prince Fahed Bin Sultan Street, three kilometers from Tabuk International Airport, Holiday Inn Tabuk will take 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 83-room Holiday Inn Tabuk will be the first hotel to be developed under the master development agreement (MDA) inked between IHG and DUR Hospitality Company.
Holiday Inn Tabuk will have an all-day dining restaurant, coffee shop and lobby lounge. The hotel will also have function spaces, including ballrooms and meeting rooms, and will include leisure facilities such as a swimming pool, an outdoor tennis court and a fitness center.
IHG has 24 properties in the Kingdom of Saudi Arabia, operating across three brands: InterContinental, Crowne Plaza and Holiday Inn. The company has nine further properties in the pipeline due to open in the next three to five years, including Hotel Indigo Riyadh King Abdullah Financial District (KAFD), which will be the first Hotel Indigo property in the Middle East.
There are currently 10 Holiday Inn hotels in Saudi Arabia and a further three in the development pipeline, including Holiday Inn Makkah: the largest Holiday Inn in the world with 1,238 rooms. 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.