Mosa Al Mosa Group has announced the signing of a new strategic partnership agreement with global IHG Hotels & Resorts to develop two new hotels in prime locations across Riyadh and Al Khobar. Through this investment partnership, the Group aims to develop unique, world-class hospitality assets that enhance the attractiveness and competitiveness of its real estate locations while generating sustainable, long-term returns.
This milestone represents a major step toward the Group's expansion strategy to achieve its target of developing a hospitality portfolio exceeding 1,000 hotel rooms by 2030. It reflects Mosa Al Mosa Group's ongoing commitment to investing in high-value developments that support economic growth and drive the Kingdom's tourism boom in alignment with Saudi Vision 2030.
