IHG Hotels & Resorts will further grow its presence in Saudi Arabia with the signing of InterContinental Riyadh King Fahed Road, as part of a master development agreement with RIVA Development Company via its wholly-owned subsidiary RIVA Hospitality for Hotel Services Company.
Expected to open in March 2025, InterContinental Riyadh King Fahed Road will add to IHG’s current brand portfolio of nine operating InterContinental hotels in the Kingdom. The hotel will feature 250 guestrooms and 150-unit apartments as part of InterContinental Residences, alongside a pool, fitness centre and spa.
In addition to five dining options featuring a diverse selection of culinary delights, the hotel will also feature a business centre, as well as 784m² of meeting and events space including a 600m² ballroom.
The latest development follows the signing of Hotel Indigo Riyadh King Abdallah Road, and is the second of at least seven hotels that IHG will be opening in Saudi Arabia with RIVA Hospitality for Hotel Services Company.
IHG currently operates 38 hotels across five brands in Saudi Arabia, with a further 20 hotels in the development pipeline due to open within the next three to five years.