InterContinental Hotels Group (IHG) has signed an agreement with Kuwaiti conglomerate Bukhamseen Group Holding to build and operate its hotels exclusively in Kuwait.
The agreement includes country-wide exclusivity for Bukhamseen for a 10-year term and covers six IHG brands: InterContinental Hotels and Resorts, Crowne Plaza, Holiday Inn, Holiday Inn Resort, Holiday Inn Express and Staybridge Suites.
IHG currently operates three hotels in the country in partnership with Bukhamseen including Crowne Plaza Al Thuraya City, Holiday Inn Al Thuraya City and Holiday Inn Salmiya.
It is also working with the firm for the InterContinental Al Thuraya, due to open in 2019.
“We are pleased to be signing an exclusive agreement with our long-term business partner – Bukhamseen Group, for further hotel development in Kuwait,” said
With this signing, we look forward to increasing the momentum of our growth in the country and continue our endeavour to deliver great guest experiences to guests visiting Kuwait for business and or leisure.” Said Alan Watts, COO, Asia, Middle East and Africa at IHG.