Global News

IHG strengthens regional footprint with first voco resort signing in the Middle East and Africa Region

IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a Management Agreement with Akam Al Rajhi, a joint venture between AkamAlRajhi and Al Rajhi Saudi groups. With this signing, IHG continues to expand their footprint across the MEA region and diversify their portfolio, as part of the company’s ambitious growth strategy.

IHG
Global News

Marriott, Hilton, and IHG continue to dominate the U.S. Hotel Construction Pipeline

In the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the construction pipeline at the close of the first quarter. Marriott International (Marriott) tops the charts with the greatest number of projects in the U.S. hotel construction pipeline, at Q1 2023, with 1,499 projects/181,377 rooms, followed closely by Hilton Worldwide (Hilton), with a record-high count of 1,436 projects/161,359 rooms, and then InterContinental Hotels Group (IHG) with 809 projects/80,679 rooms. Combined, these three franchise companies comprise 68% of the projects in the total U.S. pipeline.

Hotel Construction
Properties

IHG strengthens presence in Nepal with four new luxury and lifestyle signings

IHG® Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Nepal based Shangri-La Hotel & Resort Group to develop four new hotels in – InterContinental Kathmandu Lazimpat, Hotel Indigo Pokhara Gharipatan, InterContinental Resort Pokhara Begnas Lake, and InterContinental Resort Chitwan, Meghauli. The signing will see IHG add close to 500 rooms to its portfolio in Nepal, and debut two of its global brands, InterContinental and Hotel Indigo in the market. 

IHG
Properties

IHG to bring another voco hotel to Saudi Arabia as the brand gains momentum across the region

The new 246-key voco Hotel and Suites Riyadh North is in line with IHG’s commitment to support Saudi Arabia’s Vision 2030 by bringing new guest experiences to the Kingdom Riyadh, Saudi Arabia, 29 March 2023: IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a management agreement with Jurmaz Hotels Company to bring a new voco hotel to the centre of Riyadh. The voco Hotel and Suites Riyadh North is set to open its doors in 2026 as the next stride forward in IHG’s ambitious regional growth strategy for the premium brand.

voco opens first hotel in France
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