Saudi Arabia’s Al Khorayef & Sons Co has signed a 20-year management agreement with InterContinental Hotels Group (IHG) for a 189-key Staybridge Suites hotel in Al Khobar. The new property will be the first Staybridge Suites property in Al Khobar and the third to be announced in the kingdom, IHG said. The Staybridge Suites brand, which was launched in 1998, entered the Middle East scene a decade later with opening of the region’s first Staybridge Suites in Cairo followed by Abu Dhabi in 2009. The brand now has seven properties in the pipeline for the region.
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