Jordan Dubai Capital (JD Capital) and Ishraq Gulf Real Estate Holding
are to develop three ‘Express by Holiday Inn’ hotels in Jordan.
The hotels will be constructed in Jordan’s major cities at a cost of
US$ 45 million and will form part of an aggressive five year plan to develop over
36 Express by Holiday Inn hotels in the Middle East region.
Hospitality Management Services, who are the master franchise developer and operator of Express by Holiday Inn in the Gulf states, will operate the
Express by Holiday Inn hotels in Jordan. The hotels will contain up to 500 rooms to satisfy demand for affordable quality lodgings in Jordan.
“Budget travellers are now the largest sector of the burgeoning travel industry and that worldwide trend is being mirrored right here in the Middle
East where there has been a shift in the market due to the gap in internationally branded value hotel accommodation throughout the region,” said
Chris Moloney, Chief Operating Officer, InterContinental Hotels Group Middle East and Africa.
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