Katara Hospitality to buy Interconti Rome

After a long period of planning and construction, the Intercontinental in Davos, a four star property with brand, opens. The hotel will offer 216 rooms and suites, a spa and extensive meeting and congress facilities. The building features a futuristic façade and is situated in the highest Swiss city, aiming to become one of the most sophisticated resorts in the country.

InterContinental Hotels Group (IHG) and Makkah Real Estate Company signed an agreement to build the world’s largest Holiday Inn, planned to open in Saudi Arabia in 2016 and offering 1,238-rooms. The new hotel – located near the Al Aziziyah business district – will be the first Holiday Inn in Makkah. The property will be built in two towers, featuring a large fine dining restaurant, two coffee shops, a ballroom, health club and pool.