Kimpton, part of IHG Hotels & Resorts' Luxury & Lifestyle portfolio, has debuted in the Middle East with a new property in Riyadh, Saudi Arabia. This marks a significant expansion for the brand into a key regional market.
The new 212-key property is strategically located in the King Abdullah Financial District (KAFD), positioning it to attract both business and leisure travelers. This opening aligns with IHG's strategy to grow its luxury and lifestyle offerings globally.
The introduction of Kimpton in Riyadh enhances IHG's market presence in the Middle East. This expansion contributes to the company's development pipeline and is expected to generate future fee revenue from a high-value segment.
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