IHG (InterContinental Hotels Group) signed a 15-year management agreement with Al Andalus Property for a Staybridge Suites hotel in Jeddah, Kingdom of Saudi Arabia (KSA).
Staybridge Suites Al Andalus Mall is due to be the first Staybridge Suites property to open in KSA. Earlier, 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 KSA.
Jeddah is considered as a growing tourism market in KSA. This latest development is said to demonstrate Staybridge Suites growth projection in the region as it answers the demand from across KSA and the Middle East for international extended stay hotel brands.
Construction is already underway 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 is being eyed as 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 rapidly across the Middle East with seven properties in the pipeline.