Rayadah Investments, IHG to open two new hotels in Riyadh

InterContinental Hotels Group signed an agreement with the Rayadah Investment Company to open two new hotels in Riyadh’s King Abdullah Financial District, including the first Hotel Indigo in the Middle East.

Hotel Indigo Riyadh KAFD and InterContinental Riyadh KAFD will be situated in of Saudi Arabia’s new economic and financial hub.

Hotel Indigo KAFD, the first Hotel Indigo to open its doors in the Middle East, will feature 225 rooms, an all-day dining restaurant, a specialty restaurant and a lobby lounge café. The hotel will also include a business center, three meeting rooms, fitness facility, swimming pool, secret garden and a double-height royal suite with a panoramic balcony.

InterContinental Riyadh KAFD will be the second InterContinental hotel in Riyadh, boasting 218 rooms, including 57 suites. The hotel will have seven food and beverage outlets, four meeting rooms, two boardrooms, a dedicated press room, a large ballroom, and an extensive fitness center with lap pool.

The King Abdullah Financial District, announced in 2006, is a 400-acre development north of central Riyadh. The 32 million square-foot district is expected to be a major financial center in the Middle East.

IHG and Rayadah Investment Company are also due to open the Crowne Plaza Riyadh Information, Technology and Communication Complex, which was signed in 2009 and due to open in 2013.

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