In a strategic move to strengthen its presence in hospitality and tourism, 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 new properties include:
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Hotel Indigo – Jeddah Gate
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InterContinental – Al Khobar Al Hamra
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Voco – Al Khobar Al Andalus
Together, these hotels will introduce over 1,700 rooms to Saudi Arabia’s hospitality sector, supporting the Kingdom’s vision to boost tourism, attract global visitors, and enhance hotel services.
According to Mr. Ali Al Ali, Chairman of Ashaad, this initiative is part of the company’s wider ambition to develop 30 hotels across the Kingdom by 2030, aligning with Saudi Arabia’s strategic roadmap for a thriving, world-class hospitality industry.
This expansion represents a milestone in Ashaad’s journey to position itself as a leading player in real estate and tourism, delivering premium accommodations, innovative experiences, and supporting the Kingdom’s growing global presence.