The 150-key property will be part of Jeddah’s upcoming landmark, Grand Square development, delivering a modern, design-led experience in vibrant neighbourhood
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.
Commenting on the agreement, Mr. Abdulwahhab Abed, Chief Executive Officer of SEDCO Capital, said: “Hotel Indigo Grand Square Jeddah represents a pivotal step within an integrated urban project designed to serve the community and deliver added value to the real estate sector. Through our partnership with IHG Hotels & Resorts, we are enhancing the hospitality experience within the ‘Grand Square’ project and reinforcing Jeddah’s position as a leading urban and tourism hub, in line with the goals of Saudi Vision 2030.”