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Saudi Arabia’s ambitious floating industrial city Oxagon to get IHG’s lifestyle-oriented Hotel Indigo which will open its doors in 2026

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IHG Hotels and Resorts has announced that it will open a Hotel Indigo property in the coastal industrial city of Oxagon in Saudi Arabia’s futuristic Neom region. The 250-key lifestyle-oriented hotel will be located in the first residential community of Oxagon, an ambitious megaproject that aims to be the largest floating industrial complex in the world. If everything goes according to plan, the hotel will be ready to welcome guests by 2026. Focusing on serving residents in the area, the Hotel Indigo property in Oxagon will have retail and dining spaces, along with a pool lounge and a specialty restaurant. It will also include a spa, wellness facility, and a 24-hour fitness center.


Haitham Mattar, managing director for India, the Middle East, and Africa at IHG said: “We are delighted to announce our first IHG hotel in the exciting and rapidly developing region of NEOM. Our lifestyle brand, Hotel Indigo, has seen great success in the kingdom with several signing in the past months. As our presence in the market continues to grow, we are committed to supporting the goals of Saudi Vision 2030.”

Also read -  Not in virtual reality or scale models, but Saudi crown prince MBS will be whisking away elite bankers in swish private jets so they can witness the scale and development pace of his dream project, Neom City, with their own eyes - and perhaps even open their wallets.


“Hotel Indigo’s vision to create a boutique neighborhood hotel reflecting Oxagon’s ethos of bringing people and technology together in harmony with nature, makes IHG the right partner for the first upscale property for our urban communities,” added Vishal Wanchoo, CEO of Oxagon. “As progress across our industrial and innovation ecosystems accelerate, these agreements ensure that exceptional hospitality experiences are available to tenants, residents, and visitors from the outset.”

Also read -  To outbid another Arab prince once and for all, Saudi Crown Prince MBS made the winning bid for Leonardo da Vinci's Salvator Mundi painting with a $30 million jump. The final price of $450 million was so high that even the mighty ruler had to request to settle it in six monthly payments.


Oxagon – the first-of-its-kind floating city
Oxagon is one of the 10 regions being developed as part of Saudi Arabia’s ambitious Neom development in the northeast of the country. Designed to function as the business and industrial arm of Neom, Oxagon is set to become the world’s largest floating structure when completed, measuring almost 33 times the size of New York City. The floating city will also act as a port and logistics hub for Neom, which will utilize its location to take advantage of the shipping routes passing through the Suez Canal. Oxagon will also house the world’s biggest green hydrogen plant that will produce 600 tons of hydrogen every day which will save 5 million tons of Co2 every year.

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Sayan Chakravarty
Written By
Sayan Chakravarty, a Senior Writer at Luxurylaunches, brings over 10 years of automotive journalism expertise. He provides insightful coverage of the latest cars and motorcycles across American and European markets, while also highlighting luxury yachts, high-end watches, and gadgets. An authentic automobile aficionado, his commitment shines through in educating readers about the automotive world. When the keyboard rests, Sayan feeds his wanderlust, traversing the world on his motorcycle.

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