In a strategic move to expand its presence in the hospitality and tourism sector, Ashaad Real Estate Development has announced the launch of *three new international hotels in partnership with IHG Hotels & Resorts, one of the world’s leading hotel groups.
The upcoming properties include:
-Hotel Indigo – Jeddah Gate
-InterContinental Hotel – Al Khobar Al Hamra
- Voco Hotel – Al Khobar Al Andalus
Together, these hotels will add over 1,700 rooms to the Kingdom’s hospitality sector, supporting the national vision for enhancing tourism, attracting global visitors, and elevating the level of service in the Saudi hotel industry.
According to Mr. Ali Al Ali, Chairman of Ashaad, this initiative is part of the company’s broader goal to develop 30 hotels across Saudi Arabia by 2030, in line with the Kingdom’s strategic vision for a thriving and world-class hospitality sector.
This expansion marks a significant step in Ashaad’s journey to establish itself as a key player in real estate and tourism development, offering high-end accommodations, innovative hospitality experiences, and supporting the Kingdom’s growing global presence