IHG Signs With Al Arabiya Real Estate Company for New Staybridge Suites in Kuwait
Date: November 2018
Location: Salmiya, Kuwait
Name: Staybridge Suites Kuwait Salmiya – opening January 2022
No. of Keys: 120
Owner: InterContinental Hotels Group has signed a management agreement with the Al Arabiya Real Estate Company, owned by the leading Kuwaiti conglomerate, The Bukhamseen Group to debut Staybridge Suites in Kuwait.
Located in Salmiya, close to the commercial and upscale residential blocks beside the Persian Gulf coastline, the Staybridge Suites Kuwait Salmiya will offer long-stay guests a choice of one-bedroom and two-bedroom suites.
The modern serviced apartments will be stylishly designed and furnished, featuring separate living and working areas, fully equipped kitchens, state-of-the-art entertainment systems and free WiFi.
Guests staying at the hotel will have easy access to business areas such as downtown where major banks and financial institutions are located, as well as tourist attractions such as the Marine Museum, Shaab Leisure Centre Park and a variety of shopping malls and restaurants.
The property will have an on-site fitness centre and a swimming pool.
Pascal Gauvin, Managing Director, India, Middle East & Africa, IHG said: “We are delighted to partner with Al Arabiya Real Estate Company, owned by The Bukhamseen Group to debut Staybridge Suites in Kuwait.
The Bukhamseen Group has been one of our most valued partners in the Middle East since we signed one of our first Holiday Inn hotels in the region with them more than 40 years ago.
Dr. Emad Jawad Bukhamseen, Chairman of Al Arabiya Real Estate Company added:“Travel and tourism is a fast-emerging industry in Kuwait, and the sector is experiencing a consistent flow of business and leisure travellers, from across the globe.
In 2017, IHG and Bukhamseem Group signed an agreement that grants Bukhamseem Group a country wide-exclusivity (Kuwait), for a 10-year term and covers six IHG brands, including InterContinental Hotels and Resorts, Crowne Plaza, Holiday Inn, Holiday Inn Resort, Holiday Inn Express and Staybridge Suites.
THPT Comment: Good news for both parties – IHG get serious growth in Kuwait and Bukhamseem grow to be a major hotel group in the region. The second Staybridge to be announced this week.
First Seen: Hotel Online
The Hotel Property Team (THPT) are a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
For more information – Visit www.thpt.co.uk or email [email protected].