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IHG signs MDA with Ishraq Hospitality

IHG signs MDA with Ishraq Hospitality © Provided by Khaleej Times IHG signs MDA with Ishraq Hospitality IHG Hotels & Resorts, one of the world s leading hotel companies, has recently signed a Master Development Agreement (MDA) with Ishraq Hospitality, a division of the Dubai-based Mohamed & Obaid Almulla Group, to develop eight hotels across IHG s midscale brand in the MEA region. The multi-property portfolio license will see new hotel openings in the United Arab Emirates, Sultanate of Oman, Bahrain, Jordan and Egypt in the near term. Ishraq Hospitality, which operates Holiday Inn Express (HIEX) under the IHG franchise, currently owns four HIEX hotels in the UAE in partnership with IHG.

IHG signs MDA with Ishraq Hospitality to open 8 new Holiday Inn Express hotels across MEA

Hotels to open in UAE, Oman, Bahrain, Jordan and Egypt in the next term Image Credit: Supplied IHG Hotels & Resorts, one of the world’s leading hotel companies, has recently signed a Master Development Agreement (MDA) with Ishraq Hospitality, a division of the Dubai-based Mohamed & Obaid Almulla Group, to develop eight hotels across IHG’s midscale brand, Holiday Inn Express, in the MEA region. The multi-property portfolio license will see new hotel openings in the United Arab Emirates, Sultanate of Oman, Bahrain, Jordan and Egypt in the near term. Ishraq Hospitality, which operates HIEX under the IHG® franchise, currently owns four Holiday Inn Express hotels in the UAE in partnership with IHG®.

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