Tourexpi
IHG Hotels & Resorts has signed a management
agreement with an investment fund managed by SEDCO Capital to launch Hotel
Indigo Grand Square Jeddah. The 150-key property marks the first collaboration
between the global hotel group and the Saudi real estate investment fund and
will serve as a central element of the new Grand Square mixed-use development
on King Abdulaziz Road.
A flagship lifestyle addition to Jeddah
Developed through a strategic partnership between
Ajdan Real Estate Development Company, MASIC Investment Company, and SEDCO
Capital, Grand Square integrates hospitality, retail, and office space in one
urban destination. Within this setting, Hotel Indigo Grand Square Jeddah will
showcase the brand’s hallmark approach: a design narrative rooted in the
neighbourhood’s character, culture, and energy.
Guests can expect thoughtfully crafted rooms, high-end
amenities, and an atmosphere that blends creativity with comfort, offering a
stay that is both contemporary and locally grounded.
Strengthening Jeddah’s lifestyle hospitality landscape
Haitham Mattar, Managing Director, IHG Hotels &
Resorts, India, Middle East & Africa, said:
“Lifestyle travel is becoming increasingly
sought-after in the Kingdom, and we are looking forward to introducing another
Hotel Indigo property in Jeddah as part of our expanding lifestyle portfolio.
This signing not only strengthens our footprint in one of the country’s most
dynamic cities but also supports Saudi Arabia’s broader ambitions to diversify
its tourism and hospitality offering.”
He continued:
“Hotel Indigo is a brand built on storytelling and
local immersion – ideally suited to a destination like Jeddah, where rich
culture and creativity intersect. This property is as unique as the
neighbourhood it is part of, and we are excited to bring it to life.”
A development aligned with Vision 2030
Mr. Abdulwahhab Abed, CEO of SEDCO Capital, noted:
“This agreement reflects SEDCO Capital’s strategic
direction to develop high-quality real estate assets that contribute to the
Kingdom’s urban and economic development. Hotel Indigo Grand Square Jeddah
represents a pivotal step within an integrated urban project designed to serve
the community and deliver added value to the real estate sector.”
The project aims to reinforce Jeddah’s reputation as a
leading urban and tourism hub and aligns with the goals of Saudi Vision 2030.
IHG’s growing presence in Saudi Arabia
IHG currently operates 46 hotels across six brands in
the Kingdom — InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites,
voco, and Hotel Indigo — with 60 more properties scheduled to open within the
next three to five years.
Image
Credit: © IHG
The most interesting news
Read the News

SWISS expands India network with new nonstop Bengaluru–Zurich service
Swiss International Air Lines is pleased to announce the launch of new nonstop flights between Bengaluru and Zurich, further enhancing connectivity between Switzerland and India’s leading technology and innovation hub.
Read the News

Qatar Airways and Philippine Airlines strengthen partnership
Starting 1 June 2026, Philippine Airlines will place its (PR) code on Qatar Airways flights from Manila, Cebu, Clark, and Davao to Doha, and connect to over 20 major European cities, including Paris, Rome, and Frankfurt via Hamad International Airpor
Read the News

Radisson Hotel Group expands its footprint in Dubai
Radisson Blu Hotel, Dubai Barsha Heights is a 537-room five-star city hotel in Dubai, United Arab Emirates, affiliated with Radisson Blu, part of Radisson Hotel Group.
Read the News

Hilton signs Hilton Garden Inn in Busan, South Korea
Hilton (NYSE: HLT) announced the signing of a franchise agreement with MS&C Co., Ltd. to open Hilton Garden Inn Busan Gijang in 2028. Located in Gijang, Busan, the hotel is planned to be part of a larger mixed-use development project.
Read the News

Etihad Airways makes Eid al-Adha and Summer Travel easier
Etihad Airways is preparing for a busy Eid al-Adha and summer travel season, with strong demand expected across its expanding global network.
Read the News

To Belize in the off-season with Alaska Airlines
Why this is the best choice explains Ali Wunderman
Read the News

TAT and Warner Music Japan bring Thailand’s spirit to life
Music-led collaboration showcases Bangkok’s everyday charm while connecting Thailand’s relaxed optimism with younger global audiences
Read the News

Global Travel & Tourism to outpace wider economy by 1.5 times
Global Travel & Tourism is forecast to continue outpacing wider economic growth in 2026, with the sector expected to contribute $12TN to the world economy, accounting for 9.9% of global GDP, according to new data from the World Travel & Tourism Counc
Read the News

Nayarit's jungle coast redefines luxury travel
In the state of Nayarit, the jungle-meets-ocean landscape is emerging as one of the most compelling frontiers in high-end travel—now supported by a new era of seamless access.
Read the News

Emirates taps GE Aerospace for repair capabilities
The agreement will support the expansion of the Emirates Engine Maintenance Centre (EEMC)
Read the News

Six Senses Joins the UNEP and UN Tourism Recipe of Change
A living expression of the brand’s sustainable ethos and Eat With Six Senses philosophy
Read the News

Closing the gender gap requires tackling structural barriers, improving access to opportunities, and sustained commitment
Women do most of the work in tourism, yet they remain underrepresented in leadership
Read the News

Tripmasters expands with new experience-focused vacation packages
New curated travel collections respond to growing demand for slower, experience-driven vacations with fewer hotel changes and deeper destination immersion
Read the News

Marriott International expands portfolio in Peru through landmark conversions
The two properties in Lima are set to officially join The Ritz‑Carlton and JW Marriott brand portfolios in 2028, reflecting the city’s rise as a leading global luxury destination.
Read the News

Lufthansa Group expands climate protection portfolio
The Lufthansa Group has reshaped its portfolio of climate protection projects and is placing a stronger emphasis on technology-based solutions
Read the News

TUI launches TUI Smiles Rewards Club
TUI has launched TUI Smiles Rewards Club, the company’s first-ever global loyalty programme, enabling customers to collect Smiles across TUI's portfolio – from flights and hotels to packages, cruises, and experiences.
Read the News

As Americans hit the road during the country’s 250th anniversary, Hilton is celebrating all summer long.
Next week, Hilton is kicking off Hilton Honors America Experiences with a dozen unexpected and unforgettable road trip experiences for only 250 Hilton Honors Points per trip, Hampton by Hilton stays and gas included.
Read the News

The Czech capital has maintained its position among the ten most important meeting destinations in the world
Meetings Prague announces statistics for 2025 and unifies tourism branding
Read the News

Enhanced opportunities for British Airways American Express® cardmembers
British Airways American Express® Cardmembers who book with British Airways Holidays using Avios (as a full or part payment), can now redeem their Companion Voucher to receive 25% of these Avios back.
Read the News

New Star Wars experience at Disney Land Resort
This summer at Disneyland Resort, kids rule as The Happiest Place on Earth continues celebrating its historic 70th Celebration. Guests can enjoy the iconic staples of a Disneyland Resort summer vacation that kids and adults both love, paired with lim
