April 19, 2018 / 6:01 AM / 5 months ago

BRIEF-Al Hokair Group Signs Exclusive MDA For Holiday Inn Express In Saudi

April 19 (Reuters) - ABDULMOHSEN AL HOKAIR GROUP FOR TOURISM AND DEVELOPMENT CO:

* SIGNS EXCLUSIVE MASTER DEVELOPMENT AGREEMENT (MDA) WITH INTERCONTINENTAL HOTELS GROUP TO DEVELOP AND OPERATE HOLIDAY INN EXPRESS PROPERTIES

* EXPECTS TO SEE POSITIVE FINANCIAL IMPACT OF THIS AGREEMENT STARTING FROM Q1, 2020 Source text for Eikon: Further company coverage:

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