IHG Signs Agreement for the World’s Largest Crowne Plaza in Makkah
IHG signed agreement with Bougary Holding Co.
Dubai, UAE - IHG® (InterContinental Hotels Group), one of the world’s leading hotel companies, has signed a management agreement with Bougary Holding Co. to develop Crowne Plaza® Makkah Beban. Scheduled to open in December 2019, the new hotel comprising 1200 rooms will be world’s largest Crowne Plaza® and will be a landmark hotel for IHG.
Strategically located in close proximity to the Holy Mosque, the hotel will join the existing InterContinental® and Holiday Inn® in the city and cater to the influx of pilgrim visits expected as part of Vision 2030. IHG is the largest international hotel group in Saudi Arabia, both by number of hotels and number of rooms, and the latest signing is aligned with the company’s strategy to expand its footprint in the kingdom.
Crowne Plaza® Makkah Beban boasts a host of facilities including two restaurants and a coffee shop, a business centre and three meeting rooms (3323 sqm in total) to cater for a range of meetings and events.
Pascal Gauvin, Managing Director, India, Middle East & Africa, IHG said: “Saudi Arabia offers great opportunities both in terms of domestic and inbound tourism and is central to our expansion strategy in the Middle East. We have a strong legacy in the Kingdom and are proud to collaborate with Bougary Holding Co, represented by Mr. Loay Bougary, CEO, Bougary Holding Co, to bring the world’s largest Crowne Plaza® to the country. This is a milestone signing for us in the Middle East and is testament to our commitment to the market. Crowne Plaza brand is loved by travelers across the globe and is known to offer world-class amenities and excellent service to the guest; we are confident Crowne Plaza® Makkah Beban will be a popular choice amongst travellers visiting the holy city.”
Mr. Loay Bougary, CEO, Bougary Holding Co. added: "We are proud to partner with a strong global player such as IHG on this milestone development. IHG is a trusted brand with in-depth knowledge of the Kingdom and Crowne Plaza® Makkah Beban will bring a full range of amenities to pilgrims and other travellers looking for a high-quality hospitality experience. We look forward to welcoming guests to the world’s largest Crowne® Plaza in 2019.”
Originally from Makkah, the Bougary family has been in business for over 200 years. Based in Jeddah, Bougary Holding Co. develops, manages and maintains properties including residential, commercial, clinical and marketing complexes; buying and procuring lands and properties for development and construction of buildings and centres. While the group’s business is predominantly real estate, it has recently focused on hospitality in Makkah and Madinah markets.
IHG currently operates 23 Crowne Plaza® hotels across the Middle East, with a further six due to open in in the next three to five years.**
**Figures as of 30 September 2018
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including Regent Hotels & Resorts, InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, voco™, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®, Holiday Inn Resort®, avid® hotels, Staybridge Suites® and Candlewood Suites®.
IHG franchises, leases, manages or owns more than 5,500 hotels and approximately 826,000 guest rooms in almost 100 countries, with more than 1,800 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 375,000 people work across IHG’s hotels and corporate offices globally.
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