(22/09/22) IHG has signed a management agreement with Saudi Investment Group and Marketing Co (SIGMAC), a wholly owned subsidiary of the Ghazzawi Group, for a second Hotel Indigo in Jeddah.
Scheduled to open in Q1 2028, Hotel Indigo Jeddah will comprise of 267 hotel rooms and 173 serviced apartments.
The property will be part of the SIGMAC mixed-use development on Prince Sultan Road which will include the hotel, residential, offices, retail and entertainment facilities.
Facilities at the hotel will include a café, lobby lounge, health club, swimming pool and choice of meeting rooms.
Jason Addison, CEO of SIGMAC, with Haitham Mattar of IHG (right)
Jason Addison, CEO of SIGMAC, said, “We’re pleased to partner with IHG to bring a new Hotel Indigo to Jeddah with our iconic mixed-use development in the city. The Kingdom’s tourism offering is ever growing and it’s exciting to be an integral part of that, while reassured by being partnered with one of the world’s largest hotel groups. We look forward to benefiting from both IHG’s global experience and expertise in the industry, but even more importantly, their knowledge of our market through their long standing presence in KSA. When we open our doors in Q1 2028, we plan to offer our guests the unique experience of a Hotel Indigo, in a way that honours the hospitality so ingrained within the Saudi culture.”
Established in 2004, Hotel Indigo is currently present in more than 20 countries with over 120 hotels, with an additional 100+ hotels in the pipeline, across India, the Middle East and Africa.
The company currently operates 37 hotels across five brands in Saudi Arabia, including: InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites, and voco, with 20 hotels in the development pipeline set to open within the next three to five years.
“We are greatly encouraged by the Saudi leaderships’ investment into the reinvigoration of Jeddah, under the Saudi Tourism Development Strategy,” said Haitham Mattar, Managing Director, India, Middle East & Africa, IHG “Joining our Hotel Indigo properties in Riyadh, and Hotel Indigo Durrat Al Arus here in Jeddah, this new agreement aligns closely with our ambition to deliver a truly unique urban lifestyle proposition to new guest segments in Saudi Arabia.”
