IHG Hotels & Resorts has announced the signing of a master development agreement (MDA) with RIVA Development Company to open at least seven hotels in the Kingdom of Saudi Arabia across IHG’s portfolio of brands.
3 hours ago
Arabian Travel Market has reached a successful conclusion in Dubai as in person shows return to the Middle East for the first time since the onset of the Covid-19 pandemic.
Hundreds of exhibitors were joined by thousands of delegates for the event, which took place this week at the Dubai World Trade Centre (DWTC).
Sheikh Ahmed bin Saeed Al Maktoum, founder of the Emirates Group and chairman of Dubai World, officially inaugurated the 2021 edition of the show on Sunday, taking a tour of the stands.
On show were exhibitors from 62 countries including the United Arab Emirates (UAE), Saudi Arabia, Israel, Italy, Germany, Cyprus, Egypt, Indonesia, Malaysia, South Korea, the Maldives, the Philippines, Thailand, Mexico and the US, underscoring the strength of the event.
May 2021
Haitham Mattar IHG Hotels & Resorts has announced the signing of a master development agreement (MDA) with RIVA Development Company via its wholly owned subsidiary RIVA Hospitality for Hotel Services Company to open at least seven hotels in the Kingdom of Saudi Arabia across IHG’s portfolio of brands. The five-year agreement will add to IHG’s portfolio across key brands in the country in cities such as Riyadh, Jeddah, Eastern Province, Abha, Hail, Qassim and Tabuk. Most hotels under the agreement are expected to be greenfield projects and will represent the best in class products. The agreement also presents the potential to extend the partnership for another five years to develop additional 12 hotels in the Kingdom of Saudi Arabia.