The property will comprise 250 guest rooms and 150 apartments as part of the InterContinental Residences
IHG Hotels & Resorts has announced the signing of InterContinental Riyadh King Fahed Road. This new property is part of a development agreement with Riva Development Company, via its wholly-owned subsidiary Riva Hospitality for Hotel Services Company.
The latest development follows the signing of Hotel Indigo Riyadh King Abdallah Road. The first signing, due to open in March 2025, will be heavily influenced by both local heritage and modern architecture. Also scheduled to launch in 2025, InterContinental Riyadh King Fahed Road will comprise 250 guest rooms and 150 apartments as part of the InterContinental Residences.
Commenting on the announcement, IHG managing director, India, Middle East & Africa Haitham Mattar said: “As part of our continued growth strategy, and in line with the Saudi Tourism Development Strategy, we’re proud to partner with Riva Development Company as we expand our presence in Saudi Arabia.
“IHG has a strong and credible reputation in the luxury segment through the iconic InterContinental brand, which has enjoyed great success in Saudi Arabia over the last four decades. InterContinental Riyadh King Fahed Road will be a brand-defining property and will offer guests exceptional experiences immersed in the local hospitality and international service excellence.”
InterContinental Riyadh King Fahed Road team seal the deal