IHG announces 11th property in the Saudi capital with Crowne Plaza Taiba Riyadh
IHG Hotels & Resorts, one of the world's leading hotel companies, has announced the signing of a Management Agreement with Al Aqeeq Real Estate Development Company,...
- Rahul Chugh
- Nov 24, 2021
IHG Hotels & Resorts, one of the world's leading hotel companies, has announced the signing of a Management Agreement with Al Aqeeq Real Estate Development Company, a wholly owned subsidiary of Taiba Investments for Crowne Plaza Taiba Riyadh. Located on Makkah Al Mukarammah Branch Road, in proximity to the King Faisal Specialist Centre and the Diplomatic Quarter of Riyadh, the new build hotel is scheduled to open in June 2025.
The hotel's 192 rooms and 110 serviced apartments will provide a holistic experience for transient and extended-stay guests alike. Alongside the new-generation design, the hotel will also have strong F&B offering including a lobby lounge, an all-day dining and a café. Crowne Plaza Taiba Riyadh will also feature 200 square meters of meeting space, as well as fitness and recreational facilities.
IHG currently operates 37 hotels in Saudi Arabia across five brands including InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites and voco. A further 23 hotels are in the development pipeline, due to open within the next three to five years.
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