IHCL announces the signing of its 250th hotel in Saudi Arabia, partnering with DGDA to transform Diriyah into a leading cultural destination.
Target Information
The Indian Hotels Company Limited (IHCL), recognized as India's largest hospitality company, has recently announced its 250th hotel signing located in Saudi Arabia. This Taj-branded hotel will be a key addition to the Diriyah project, an initiative by the Diriyah Gate Development Authority (DGDA) aimed at transforming the historic city of Diriyah into an international mixed-use development. Situated near downtown Riyadh, this hotel will play a vital role in realizing the vision of Diriyah as a premier cultural and lifestyle destination, reflective of the birthplace of the Kingdom.
With 205 contemporary rooms and suites, the hotel is designed to provide scenic views of the Wadi Hanifah valley and its lush palm groves. It will encompass various dining options, including an all-day restaurant and two specialty restaurants, catering to both leisure and business travelers with its comprehensive offerings of conference facilities, wellness center, and recreational amenities.
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Industry Overview in Saudi Arabia
Saudi Arabia's hospitality industry is on the brink of transformation as part of the Vision 2030 initiative, which aims to diversify the economy and reduce its dependence on oil. This strategic vision seeks
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Indian Hotels Company (IHCL)
invested in
Diriyah Gate Development Authority (DGDA)
in 2022
in a Strategic Partnership deal