At the Arabian Hotel Investment Conference (AHIC) today Dur Hospitality Company announced the signing of a franchise agreement with InterContinental Hotels Group (IHG) for the first Holiday Inn in Tabuk.
The 83-room Holiday Inn Tabuk is the first hotel to be developed under the master development agreement (MDA) inked between Dur and IHG last year. The MDA will see a number of Holiday hotels developed across KSA over the next five years, significantly enhancing the brand's footprint in the Kingdom.
Located on Prince Fahed Bin Sultan Street, just three kilometres from Tabuk International Airport, Holiday Inn Tabuk takes the site of the current Makarim Tabuk Hotel.
At Holiday Inn Tabuk, guests will be able to choose from an all-day dining restaurant, coffee shop and lobby lounge. Ideal for leisure and business travellers, the hotel will have function spaces including ballrooms and meeting rooms, and feature leisure facilities such as a swimming pool, an outdoor tennis court and a fitness centre.
Eng. Abdullah Bin Mohammed Al-Issa, Chairman, Dur Hospitality Company, said: "Partnerships lie at the heart of our businesses, and as Saudi's most established company in hotel and residential compounds development, our partners can always depend on us to shape the perfect combination of vision, capabilities, knowledge, skills and resources.
And through our strategic partnership with "IHG", we have identified Tabuk, the gateway of northern Saudi Arabia, as an upcoming city to watch and it is timely for us to be adding a Holiday Inn hotel there, and we look forward to identifying together more emerging cities across the country to develop more great Holiday Inn & Suites hotels for guests."
Pascal Gauvin, Chief Operating Officer, India, Middle East & Africa, IHG, said: "2015 marks IHG's 40th year in the Kingdom of Saudi Arabia – an achievement made possible by the strong partnerships we have built over the years. The signing of Holiday Inn Tabuk is a great start to our new partnership with DUR Hospitality Company. This hotel will be our eleventh Holiday Inn in the country and we are truly delighted to be working with them to expand the brand in this key market."
