IHG Hotels & Resorts partner with SEDCO Capital to strengthen lifestyle offering in Jeddah with signing of Hotel Indigo Grand Square Jeddah

Hotel Indigo Grand Square Jeddah — Photo by IHG

IHG Hotels & Resorts, one of the world's leading hotel companies, has signed a management agreement with an investment fund managed by SEDCO Capital, a global multi-asset management and advisory firm, to launch Hotel Indigo Grand Square Jeddah. The 150-key lifestyle hotel marks the first collaboration between the global hospitality group and the Saudi real estate investment fund.

Hotel Indigo Grand Square Jeddah will form a central component of the Grand Square mixed-use development on King Abdulaziz Road in Jeddah. The project is being developed through a strategic partnership via the fund, which brings together Ajdan Real Estate Development Company, MASIC Investment Company, and SEDCO Capital. It aims to introduce a new model of contemporary living in Jeddah by integrating hospitality, retail, and office spaces within one destination.

Envisioned as a flagship lifestyle property, Hotel Indigo Grand Square Jeddah will reflect the brand's signature design approach, immersing guests in a neighbourhood-inspired stay shaped by the culture, character, and energy of its surroundings. Guests will enjoy thoughtfully designed rooms, high-end amenities, and a welcoming atmosphere that seamlessly blends creativity, comfort, and authenticity.

IHG currently operates 46 hotels across six brands in Saudi Arabia - including InterContinental, Crowne Plaza, Holiday Inn, Staybridge Suites, voco, and Hotel Indigo - with 60 hotels in the development pipeline set to open within the next three to five years.

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