IHG has signed an agreement with the Rayadah Investment Company to open two new hotels in Riyadh’s King Abdullah Financial District (KAFD), including the first Hotel Indigo in the Middle East. Hotel Indigo Riyadh KAFD and InterContinental Riyadh KAFD will be situated in the heart of Saudi Arabia’s new economic and financial hub. With easy access to the airport and in close proximity to the main business area of Olaya, the two hotels will be ideal for those people travelling for business who also want to explore the city.InterContinental Riyadh KAFD will be the second InterContinental hotel in Riyadh, boasting 218 rooms, including 57 suites. The hotel will have seven food & beverage outlets, four meeting rooms, two board rooms, a dedicated press room, a large ballroom, and an extensive fitness centre with lap pool. Jan Smits, IHG’s Chief Executive for Asia, Middle East and Africa, said:“There’s no mistaking that the Kingdom of Saudi Arabia is critical to our success in the region. We first introduced the InterContinental brand to the Middle East over 50 years ago. Since then we’ve continued to innovate, opening new hotels in key locations and becoming the largest international hotel company in the country.
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