IHG and Siraj to develop 12 Saudi properties
Complex Made Simple

IHG and Siraj to develop 12 Saudi properties

IHG and Siraj to develop 12 Saudi properties

InterContinental Hotels Group has signed a franchise development agreement with Siraj Capital to develop the Holiday Inn Express brand in Saudi Arabia, reported Khaleej Times. A total of 12 new properties are set to open within five years. Siraj Capital is acting on behalf of Rahala, a Saudi Arabian limited liability company, under formation, which will be the asset owner of Holiday Inn Express in Saudi Arabia.

    Author
    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

    © 2021, ADigitalcom. All rights reserved