Latin American Hospitality & IHG to Develop Two New Holiday Inn Express Hotels in Central America
June 7, 2013 9:13pm
InterContinental Hotels Group (IHG) [LON: IHG, NYSE: IHG (ADRs)], one of the world’s largest hotel companies, today announces the signing of two new Holiday Inn Express® hotels in Managua, Nicaragua and Tegucigalpa, Honduras. Both properties are slated to open in 2014. Managed by Latin American Hospitality Management S.A., a subsidiary of Grupo AGRISAL, the hotels will be franchised by an affiliate of IHG.
“Managua and Tegucigalpa are excellent examples of emerging cities that support the growth of the Holiday Inn® brand family in the region,” said Joel Eisemann, chief development officer, IHG, the Americas. “Both cities are generating great demand for internationally branded hotels, and we are excited to expand the Holiday Inn Express brand in these markets.”
Together, the two Holiday Inn Express hotels will add 220 rooms to IHG’s existing Holiday Inn brand family in the Latin America and the Caribbean region, which currently includes 18 Holiday Inn Express hotels and 24 Holiday Inn hotels. Current IHG-branded hotels represented in Nicaragua include the Real InterContinental® Hotel Metrocentro Managua, Crowne Plaza® Hotel Managua and Holiday Inn Hotel Managua. In Honduras, the IHG branded hotels portfolio includes the Real InterContinental Hotel Tegucigalpa, the Real InterContinental Hotel San Pedro Sula, the Crowne Plaza Hotel San Pedro Sula and the Holiday Inn Express Hotel San Pedro Sula.
“Bringing more hotel rooms to these vibrant cities will promote tourism, business and corporate growth,” said Alvaro Diago, COO, Latin America and Caribbean at IHG. "IHG is very pleased to be part of these fast growing cities’ developments alongside such a significant partner like Grupo Agrisal, and to work together to increase IHG’s longevity in the region.”
Boasting a modern design, the 110-room Holiday Inn Express Hotel Managua will be situated in an upscale district of Nicaragua’s capital - close to shops, corporate buildings and restaurants. This seven-story new build will also feature a fitness center, outdoor swimming pool and private parking area. Sharing similar characteristics, the 110-room, seven-story Holiday Inn Express Hotel Tegucigalpa will be located in one of the Honduran capital city’s most prestigious neighborhoods – just a few blocks away from the Presidential Palace. The hotel is also near various headquarters for national and multinational corporations, shopping centers and government entities.
These agreements also mark the first properties to be built in Nicaragua and Honduras with Grupo AGRISAL, bringing a total of six properties developed in Central America. Additional properties owned by this partner include the Crowne Plaza Hotel San Salvador, Holiday Inn Hotel San Salvador, Holiday Inn Hotel San José Escazú and the Holiday Inn Express Hotel Panama City- Financial District slated to open later this year.
“We are proud to have partnered yet again with IHG on these new projects,” says Eduardo Quiñónez, executive director, Hotel Division, Grupo AGRISAL. “We look forward to continuing this important relationship and working with IHG to further develop additional IHG-branded hotels in the future.”
Tags: holiday inn express,
IHG franchises, leases, manages or owns over 4,600 hotels and more than 674,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate over the next few years.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales.
Contact: Israel Kreps
IHG Signs with Cornerstone Partners Group for Kimpton Taipei Marking Brand First in Taiwan
Aramark Completes Purchase of Avendra for $1,350 Million
HK CTS Hotels and Kew Green Hotels Partner with IHG to Manage Hotels in Mainland China
IHG Celebrates Groundbreaking of New Brand, avid™ hotels, in Oklahoma City
IHG Partners with Ghelambo for 430-Room Dual-Branded Crowne Plaza and Holiday Inn Express Warsaw Hub, an IHG-First in Poland
IHG in Partnership with JEJUair Plan 2018 Opening of 300-Room Holiday Inn Express Hotel in Seoul, South Korea
IHG Partners with SAMHI to Expand Holiday Inn Express Portfolio in India
IHG ANA Hotels Group Japan, a Joint Venture, Enters Agreement to Launch New Hotel Indigo® Hakone Gora in Japan
Al Badr For Investments and Commercial Spaces Company Signs for First Crowne Plaza Hotel in Cairo
IHG Appoints Vivek Bhalla as the New Regional Vice President, South West Asia
Leisure Hotel Holding and IHG Enter Agreement for First Holiday Inn in Cape Town, Africa
Q3 2017 Financial Reports Round Up Part 1: IHG, AccorHotels, LaSalle
IHG Executes Four New Resort Signings in Southeast Asia that Includes Regions First Kimpton and New Market Entry for Hotel Indigo
Owned and Managed by SS Hoteis Eireli-ME, 209-Room Holiday Inn Goiânia Opens in Brazil
IHG Signs Three Management Contracts to Introduce Kimpton Hotels & Restaurants to Asia
Kingston Holdings International Limited & IHG Sign Management Agreement for New Holiday Inn and Suites in Dubai Business Bay
IHG Appoints Claire Bennett as Chief Marketing Officer
IHG and Trans Orient Group Debut Holiday Inn Brand in Quatar with Opening of Holiday Inn Doha
IHG Reveals Name of its New Midscale Brand, avid hotels, with First Property Expected to Open in 2019
IHG Forms New Operating Region for Europe, Middle East, Asia & Africa Leading to Two Regional Chief Executive Officer Appointments
Please login or register to post a comment.