Business

IHG Signs MoU with Saudi Tourism Authority

IHG Hotels & Resorts, a leading global hotel company with more than 6,000 hotels across 18 distinct brands, has signed an agreement with the Saudi Tourism Authority (STA) at the Arabian Travel Market 2023 in Dubai.

The memorandum of understanding (MoU) provides a framework for both entities to explore methods to increase inbound visitation to Saudi Arabia from key markets across Middle East and Africa region.

This includes developing customised promotions, joint marketing campaigns, and promotion through loyalty programs which will showcase Saudi Arabia as one of the world’s most exciting destination to an international audience. 

The MoU was signed at the Saudi pavilion at the Arabian Travel Market 2023, by James Britchford, Vice President Commercial at IHG for India, Middle East and Africa, and Munirah Abanomy, Head of Marketing Partnership for Middle East & Africa at Saudi Tourism Authority.

With Saudi Arabia targeting 100 million visitors by 2030, the Kingdom is a priority market for IHG Hotels & Resorts in the Middle East.

IHG Supports Saudi Tourism

The hospitality group aims to support the tourism sector in the country by growing the footprint of its existing brands, as well as introducing new brands from its global portfolio, in addition to running campaigns to promote various destinations within the country.

IHG also plans to further support the Kingdom’s economic Vision by investing in developing Saudi talent in the Kingdom, with an ambition to hire 6,000 nationals across it’s growing portfolio by 2030.

James Britchford, Vice President, Commercial, India, Middle East & Africa, IHG Hotels & Resorts said that as a reflection of IHG’s commitment to support the growth of the tourism industry within the Kingdom, we are delighted to sign a Memorandum of Understanding with the Saudi Tourism Authority.

“Collaborations with key government entities, such as the STA, enable us to position and promote attractive destinations and exciting tourism offerings that the country has developed, to our guests across markets,” Britchford added.

STA’s Strategic Partnership

Abdulkarim Aldarwish – President of Middle East & Africa Markets at the Saudi Tourism Authority (STA) said that signing of an MoU with IHG comes within the framework of the STA’s keenness to strengthen strategic partnerships with major international companies and prestigious brands with global reach.

“Such partnerships enhance the efforts of the Saudi Tourism Authority in attracting tourists and enriching their experience by providing best-in-class products, offers and packages,” Aldarwish added.

To expand its presence in key cities such as Riyadh, Jeddah, Madinah, Makkah, Dammam, Al Khobar and Mega projects, IHG Hotels & Resorts is positioned to add over 10,000 additional rooms to its portfolio in the next 2-3 years.

This is set to significantly boost the tourism infrastructure in the country and provide a diverse range of accommodation options — across luxury, leisure, religious and business tourism.

IHG Hotels & Resorts currently operates 37 hotels across five brands in Saudi Arabia, including: InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites, and voco, with 31 hotels in the development pipeline set to open within the next three to five years.

Global Business Magazine

Recent Posts

AI Banking and Mega-Project Financing Put Riyadh at the Heart of Saudi Arabia’s Financial Evolution

Saudi Arabia's banking sector is entering a new phase of transformation, with Riyadh emerging as…

5 days ago

FIA Safe Mobility 4 All & 4 Life programme launches to advance road safety in Middle East and North Africa

FIA President Mohammed Ben Sulayem says Clubs and government authorities are being given the tools…

7 days ago

India leads global online interest in Dubai real estate

New fäm Properties data shows UK and Egypt in top three countries generating biggest share…

7 days ago

Kuwait City’s Fintech Ecosystem Enters a New Growth Phase as Digital Payments and Regulatory Innovation Accelerate

Kuwait City is emerging as one of the Gulf's most promising fintech markets as digital…

1 week ago

Why Cairo Is Becoming One of Africa’s Most Important Fintech Markets

Cairo is reinforcing its position as one of the Middle East and Africa’s fastest-growing fintech…

1 week ago

Sharjah Emerges as a UAE Fintech Growth Centre as Digital Payments and Embedded Finance Adoption Accelerate

Sharjah is strengthening its position within the UAE’s rapidly expanding fintech ecosystem as digital payments,…

1 week ago