IHG® to Bring its Lifestyle Brand, Hotel Indigo to the Saudi Capital

June 16, 2021: Expanding its presence in the capital city of Saudi Arabia ,IHGHotels Resorts, one of the world"s leading hotel companies, is bringing the world's first globally branded boutique hotel brand to the Kingdom with the signing of Hotel indigo Riyadh King Abdallah Road. This development also marks the first hotel to be signed under the Master Development Agreement (MDA) between IHG and RIVA Development Company via its whollyowned subsidiary RIVA Hospitality for Hotel Services Company.

No two Hotel Indigoproperties are the same, and this stunning addition to the brand portfolio will have Riyadhs cultural influences embedded in its DNA through a visionary design which captures the historical charm of local heritage as well as influences of nearby modern architecture.

A new built property, Hotel indigo Riyadh King Abdallah Road will feature 228 design-led rooms and will open its doors to guests in March 2025. Offering authentic local experiences combined with a modern design, the hotel will also feature two dining options, a pool and a fitness center. Additionally, the hotel will offer 353 sqm of meeting and events space to cater to the demands of business travelers visiting Saudi Arabia's capital city.

Speaking on the announcement, Haitham Mattar, Managing Director, India, Middle East Africa, IHG said:"We are pleased to announce the signing of a new Hotel Indigo in Saudi Arabia in partnership with RIVA Development Company, aligned to our robust expansion plans in the Kingdom over the coming years. Hotel Indigo is a unique brand that allows every individual property to draw inspiration from the local surroundings and offer an immersive and authentic experience to guests. As a result of the Saudi Tourism Development Strategy, there will be a rising wave of travelers coming to Saudi Arabia and seeking differentiated travel and an increasing demand for hotels that offer authentic and refreshingly local experiences. Hotel indigo Riyadh King Abdallah Road will seamlessly address these needs. Guests will be able enjoy local experiences, modern design and intimate service with the peace of mind and consistency of staying with one of the worlds largest hotel groups."

Engr. Mugbel S. Al Thukair, Co-Founder, RIVA Development Company, Chairman, RIVA Hospitality for Hotel Services Company added:"We are pleased to bring a global boutique hotel brand, Hotel Indigo, to a distinct location in Saudi Arabia. Hotel Indigo Riyadh King Abdallah Road will be an ideal choice for travelers seeking a uniquely local hotel experience in the city of Riyadh, where the culture of the surrounding neighborhood will be reflected in the vibrant sights, sounds and flavor of the hotel. It also gives us great confidence to partner with IHG, and to be able to leverage their wide experience, expertise in the industry and reputation as one of the leading and most trusted hotel companies in the world. We look forward to welcoming guests when we open our doors in March 2025 and providing them unique experiences that will make their stay with us a truly memorable one."

Established in 2004, Hotel Indigo now has a presence in more than 20 countries with over 120 hotels, and over 100 hotels in the pipeline. Across India, Middle East and Africa, IHG opened Hotel Indigo Dubai Downtown - its first Hotel Indigo in the region last year. Hotel indigo Riyadh King Abdallah Road joins a growing pipeline for the brand including properties in Doha and Oman.

IHG currently operates 38 hotels across 5 brands in Saudi Arabia, including:InterContinental,Crowne Plaza, Holiday Inn,Staybridge Suitesandvocowith a further 20 hotels in the development pipeline due to open within the next three to five years.

**Numbers as of March 31^st, 2021

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About IHG Hotels Resorts

IHG Hotels Resorts[LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.

With a family of 16 hotel brands andIHG Rewards, one of the worlds largest hotel loyalty programmes, IHG has nearly 6,000 open hotels in more than 100 countries, and a further 1,800 in the development pipeline.

• Premium:HUALUXE Hotels Resorts,Crowne Plaza Hotels Resorts,EVEN Hotels,voco Hotels
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InterContinental Hotels Group PLC is the Groups holding company and is incorporated in Great Britain and registered in England and Wales. Approximately 350,000 people work across IHGs hotels and corporate offices globally.

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