{"id":108888,"date":"2025-12-08T14:16:17","date_gmt":"2025-12-08T14:16:17","guid":{"rendered":"https:\/\/ainalalam.com\/?p=108888"},"modified":"2025-12-08T14:16:17","modified_gmt":"2025-12-08T14:16:17","slug":"ihg-hotels-resorts-partner-with-sedco-capital-to-strengthen-lifestyle-offering-in-jeddah-with-signing-of-hotel-indigo-grand-square-jeddah","status":"publish","type":"post","link":"https:\/\/ainalalam.com\/?p=108888","title":{"rendered":"IHG Hotels & Resorts partner with SEDCO Capital to strengthen lifestyle offering in Jeddah with signing of Hotel Indigo Grand Square Jeddah"},"content":{"rendered":"[mhc_section admin_label=”\u0642\u0633\u0645” fullwidth=”on” specialty=”off”][mhc_fullwidth_menu admin_label=”\u0642\u0627\u0626\u0645\u0629 \u0628\u0639\u0631\u0636 \u0643\u0627\u0645\u0644” menu_id=”56″ background_color=”#ffffff” background_layout=”light” text_orientation=”center” submenu_direction=”downwards” fullwidth_menu=”off”] [\/mhc_fullwidth_menu][\/mhc_section][mhc_section 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The 150-key property will be part of Jeddah\u2019s upcoming landmark, Grand Square development, delivering a modern, design-led experience in vibrant neighbourhood<\/strong><\/p>\n

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Ain Alalam – Rashad Iskandrni<\/strong><\/p>\n

8 December 2025<\/strong>: IHG Hotels & Resorts, one of the world\u2019s leading hotel companies, has signed a management agreement with an investment fund managed by SEDCO Capital, a global multi-asset management and advisory firm, to launch Hotel Indigo Grand Square Jeddah. The 150-key lifestyle hotel marks the first collaboration between the global hospitality group and the Saudi real estate investment fund.<\/p>\n

Hotel Indigo Grand Square Jeddah will form a central component of the Grand Square mixed-use development on King Abdulaziz Road in Jeddah. The project is being developed through a strategic partnership via the fund, which brings together Ajdan Real Estate Development Company, MASIC Investment Company, and SEDCO Capital. It aims to introduce a new model of contemporary living in Jeddah by integrating hospitality, retail, and office spaces within one destination.<\/p>\n

Envisioned as a flagship lifestyle property, Hotel Indigo Grand Square Jeddah will reflect the brand\u2019s signature design approach, immersing guests in a neighbourhood-inspired stay shaped by the culture, character, and energy of its surroundings. Guests will enjoy thoughtfully designed rooms, high-end amenities, and a welcoming atmosphere that seamlessly blends creativity, comfort, and authenticity.<\/p>\n

Haitham Mattar, Managing Director, IHG Hotels & Resorts, India, Middle East & Africa, commented:<\/strong> \u201cLifestyle travel is becoming increasingly sought-after in the Kingdom, and we are looking forward to introducing another Hotel Indigo property in Jeddah as part of our expanding lifestyle portfolio. This signing not only strengthens our footprint in one of the country\u2019s most dynamic cities but also supports Saudi Arabia\u2019s broader ambitions to diversify its tourism and hospitality offering.\u201d<\/p>\n

He added: \u201cHotel Indigo is a brand built on storytelling and local immersion – ideally suited to a destination like Jeddah, where rich culture and creativity intersect. This property is as unique as the neighbourhood it is part of, and we are excited to bring it to life, creating a new destination for curious travellers, residents, and professionals alike.\u201d<\/p>\n

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Commenting on the agreement, Mr. Abdulwahhab Abed, Chief Executive Officer of SEDCO Capital, said:<\/strong> \u201cThis agreement reflects SEDCO Capital\u2019s strategic direction to develop high-quality real estate assets that contribute to the Kingdom\u2019s urban and economic development. Hotel Indigo Grand Square Jeddah represents a pivotal step within an integrated urban project designed to serve the community and deliver added value to the real estate sector. Through our partnership with IHG Hotels & Resorts, we are enhancing the hospitality experience within the \u2018Grand Square\u2019 project and reinforcing Jeddah\u2019s position as a leading urban and tourism hub, in line with the goals of Saudi Vision 2030.\u201d<\/p>\n

IHG currently operates 45 hotels across six brands in Saudi Arabia – including InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites, voco, and Hotel Indigo – with 49 hotels in the development pipeline set to open within the next three to five years.<\/p>\n

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About IHG Hotels & Resorts<\/strong><\/p>\n

IHG Hotels & Resorts<\/a> [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.<\/p>\n

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With a family of 20 hotel brands and IHG One Rewards<\/a>, one of the world’s largest hotel loyalty programmes with over 145m members, IHG has more than 6,600 open hotels in over 100 countries, and a development pipeline of over 2,200 properties.<\/p>\n