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Riyadh, Saudi Arabia – 11 November 2025: Rua Al Madinah Holding, a PIF company, signed a hotel management and operation agreement with IHG Hotels & Resorts, one of the world’s leading hospitality groups, on the sidelines of the Global Tourism Forum (TOURISE) in Riyadh, to develop and open Crowne Plaza Rua Al Madinah and Holiday Inn Rua Al Madinah within Rua Al Madinah Project, located just steps away from the Prophet’s Mosque.

The two hotels are planned to provide 2,334 rooms and create more than 1,300 job opportunities, supporting the Kingdom’s growing hospitality sector and enhancing the experience of visitors to Madinah.

On this occasion, Mr. Naif S. Al Hamdan, Chairman of the Board of Rua Al Madinah Holding, stated: “As one of the leading real estate development and investment company locally and regionally, Rua Al Madinah Holding is committed to strengthening Madinah’s position through exceptional hospitality and commercial developments that reflect the company’s global standards, which distinguish its projects and align with the goals of the Pilgrims Experience Program, by delivering culturally enriching experiences for visitors and guests.”

Eng. Ahmed Al Juhani, CEO of Rua Al Madinah Holding, added: “We are delighted with this fruitful collaboration with IHG Hotels & Resorts, which brings two of the world’s most prominent hospitality brands to Rua Al Madinah Project. The company remains committed to attracting more distinguished international brands that will enhance service quality and elevate visitor experiences.”

Maher Abou Nasr, Managing Director at IHG Hotels & Resorts in Saudi Arabia, said: “As one of the largest hotel operators in Saudi Arabia, with a legacy dating back to 1975, IHG is proud to contribute to the continued growth of the Kingdom’s hospitality sector. Establishing these two hotels in Madinah, a city of immense spiritual and cultural significance, marks a major milestone for us. IHG remains committed to serving visitors from around the world who travel to the Holy City to experience its rich heritage.” He added: “With a robust pipeline of properties and a presence exceeding 12,500 rooms across the Holy Cities, IHG continues to expand its offerings. The addition of Crowne Plaza Rua Al Madinah and Holiday Inn Rua Al Madinah will set new benchmarks in hospitality and deliver a warm and welcoming experience for all guests visiting the Holy City.”

Crowne Plaza Rua Al Madinah will feature 1,280 rooms and offer a refined ambience complemented by world-class facilities and services. The hotel will include three signature restaurants, advanced meeting and event spaces, and multi-level parking facilities, all within the elegant atmosphere synonymous with the Crowne Plaza Hotels & Resorts brand, one of the world’s most recognized premium hospitality names.

Holiday Inn Rua Al Madinah will comprise 1,054 rooms designed to meet the needs of modern travelers, offering contemporary amenities, two restaurants, retail areas, and meeting spaces. Its strategic location will provide guests with easy access to the Prophet’s Mosque, one of Madinah’s most prominent religious landmarks.

IHG Hotels & Resorts currently operates 46 hotels across six brands in Saudi Arabia, including InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites, Voco, and Six Senses, with more than 60 additional properties in various stages of planning or development.

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