IHG has signed a 15-year management agreement with Al Andalus Property for a Staybridge Suites hotel in Jeddah, Saudi Arabia.
This follows closely from recently confirmed IHG plans for a Staybridge Suites property on Hira Street in Jeddah, demonstrating an increased demand for extended stay properties in the area.
IHG chief operating officer, Middle East, India and Africa, Pascal Gauvin commented: “Jeddah is a booming domestic leisure destination in Saudi Arabia, and we expect its popularity to be compounded further by the redevelopment of the Corniche area and by major investments in the city’s airport. Demand for extended stay apartments is high and we see a strong future ahead for Staybridge Suites in Jeddah and Saudi Arabia.”
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Al Andalus Property director of marketing & business development Hathal Alutaibi added: “As an internationally recognised extended stay property, Staybridge Suites will be an attractive prospect for many travellers to Jeddah who are looking for a spacious extended stay apartment style suite in a hotel that understands their individual needs.”
Construction is already underway on the 164-key Staybridge Suites Al Andalus Mall, which will be positioned in Al Andalus Square, currently under development on Kind Abdullah Street in the heart of the new city centre.
Once complete, the square will form a major landmark in this densely populated part of the city.
By Crystal Chesters
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