News for the Hospitality Executive
|July 2, 2012 - IHG (InterContinental
Hotels Group), one of the world’s largest hotel companies, has signed
its first hotel in Algeria, the Holiday Inn Algiers-Cheraga Tower.
The 243 room hotel will be developed by Ramdane Group and managed by IHG.
IHG’s Director of Development, France and North Africa, Brice Marguet said that the Holiday Inn would fill a significant gap in the market as there were no internationally branded midscale hotels in Algiers.
“Holiday Inn Algiers-Cheraga Tower will provide much needed international standard midscale accommodation for international and local business travellers. Holiday Inn offers the things that matter most to guests – great beds, great showers and fantastic service, with an up-to-date look. Guests can expect a consistent experience at an affordable price just like any of our Holiday Inn hotels around the world.”
At 75m high, the 25-storey hotel will become one of the tallest buildings in Algiers. The hotel will feature 500sqm of meeting space and a restaurant with 145 covers. Guests will have access to a spa with indoor swimming pool and fitness facilities, as well as an outdoor swimming pool.
Holiday Inn Algiers-Cheraga Tower will be located to the west of the city, half an hour from the Algiers International Airport Houari Boumediene, which receives direct flights from major European cities including London, Paris, Milan, Frankfurt and Istanbul.
Cheraga is a fast-growing commercial hub, undergoing considerable urban and economic development and is well connected to the city via major highways. International businesses and embassies are nearby. The hotel is part of a larger development in the area being developed by Modern Towers, a subsidiary of Ramdane Group, which includes office buildings and residential blocks.
Brice Marguet said Algeria’s hotel market was set to develop further as the Algerian government’s National Tourism Development plan aimed to attract more foreign visitors to the country by 2025. The government has committed to developing the infrastructure needed to support this ambition.
“The Algerian hotel market currently enjoys the highest average RevPAR in North Africa – higher than that of neighbouring Morocco.
Ramdane Group and Modern Towers Chief Executive Omar Ramdane said:
"It is a privilege for Modern Towers to partner with IHG on its first hotel in Algeria. This is the beginning of a relationship of mutual trust and professionalism. I am confident that Holiday Inn Algiers-Cheraga Tower is a first step. Together we will deliver international standard accommodation that will attract inbound business. We hope to develop similar projects in future that will meet both IHG’s expectations and Modern Towers’ ambitions."
Ramdane Group has operated in Algeria for 40 years.
The Holiday Inn brand family (which includes Holiday Inn and Holiday Inn Express) is the largest and most recognised hotel brand in the world. Its rapid growth places it as the largest hotel brand in the world with 424, 185 rooms in 100 countries.
IHG has 709 Holiday Inn and Holiday Inn Express hotels (98, 390 rooms), in the pipeline globally.
About InterContinental Hotels Group
IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with nine hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, as well as our two newest brands, EVENTM Hotels and HUALUXETM Hotels & Resorts. IHG also manages Priority Club® Rewards, the world's first and largest hotel loyalty programme with over 65 million members worldwide.
IHG franchises, leases, manages or owns over 4,500 hotels and more than 661,000 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.
Visit www.ihg.com for hotel information and reservations and www.priorityclub.com for more on Priority Club Rewards. For our latest news, visit www.ihg.com/media, www.twitter.com/ihgplc, www.facebook.com/ihg or www.youtube.com/ihgplc.
Americas: +1 800 621 0555
Europe: +44 (0)871 942 9292
Asia, Middle East and Africa: +1 800 009 200 (toll free from Australia)
or +61 2 99269889 (landline).
Inn Express Maceio Ponta Verde Opens in Brazil; The New-Build, 160-room
Hotel is Owned and Managed by MC3 Imóveis Ltda. / June 2012
Inn Express Debuts in South East Asia with the Holiday Inn Express
Bangkok Siam in Thailand / June 2012
Hospitality and IHG Open the New 83-room Holiday Inn Express in
Lafayette, Indiana; Hire Shannon Lowry as General Manager and Marissa
Troemel as Director of Sales / May 2012
of the Worldwide Brand Relaunch, the Newly Renovated 80-room Holiday
Inn Express Harrisburg-Hershey to Open this Month in Pennsylvania /
91-room Holiday Inn Express San Diego South - National City Opens in
California Through a Renovation and Re-flagging of the Former Comfort
Inn; Owned by SD Plaza One LP and Managed by Excel Hotel Group /
Contempo S.A and IHG to Open Three Holiday Inn Express Hotels in
Colombia; The New-Build Properties Totally 450 Rooms Will Open in
Bogota, Cartagena and Barranquilla in 2014 / March 2012
and Managed by OPA Hospitality, the 109-room Holiday Inn Express &
Suites Houston North Intercontinental Opens in Texas Through a
Reflagging and Renovation of the Former Guesthouse Inn & Suites
/ March 2012
Inn Continues Expansion in Argentina with the Opening of the 114-room
Holiday Inn Buenos Aires-Ezeiza Airport; Owned and Managed by Granados
Hermanos SRL / February 2012
Beach House, a Holiday Inn Resort - Hilton Head Island to Open in South
Carolina Through a Conversion and Renovation of the 202-room Holiday
Inn - Hilton Head; Owned by Integrated Capital and Managed by
Hospitality Ventures Management Group / February 2012
$52 Million Holiday Inn New York City Midtown Opens in New York; Owned
by Chesapeake Lodging Trust and Managed by Real Hospitality Group /
130-room Holiday Inn Express & Suites Atlanta Downtown Opens in
Georgia Following $7 Million Upgrade and Conversion from the Centennial
Inn Atlanta Hotel; Property is Owned by Jay and Nat Patel and Managed
by Luckie J. Management / February 2012
Lodge at Eagle Crest and Lodge at Running Y Ranch are Added to Holiday
Inn Resorts Portfolio; Owner, Northview Hotel Group, has Invested $6
Million in Recent Renovations of Both Properties / January 2012
Capital to Build Kuala Lumpur, Malaysia’s First Holiday Inn Express
with the 200-room Holiday Inn Express Bukit Bintang Slated to Open in
2015 / January 2012
Inn Express & Suites Phoenix Tempe University Opens in Arizona
Following $1.5 Million Renovation and Conversion from a Comfort Inn
/ January 2012
113-room Holiday Inn Express San Diego Sea World - Beach Area Opens in
California Following $1.5 Million Renovation and Conversion from a
Comfort Inn / December 2011
a $1.4 Million Update and Conversion from a Wingate by Wyndham, the
80-room Holiday Inn Express Atlanta I-85 Clairmont Opens in Georgia;
Owned by BKNS and Managed by Horizon Hospitality / December 2011
80-room Holiday Inn Express Downtown West Los Angeles Opens in
California Following a $1.25 Million Renovation and Conversion from a
Ramada Limited Hotel / November 2011
147-room Holiday Inn Express in Kennesaw, Georgia to Begin a $2 Million
Renovation / November 2011
94-room Holiday Inn Express & Suites Saint-Hyacinthe in Quebec
Becomes First Canadian LEED-Certified Hotel / September 2011
246-room New-build Holiday Inn Resort Phuket Mai Khao Beach Opens in
Thailand / September 2011
Signs Agreement with Owner, Inter-Oceanica Hotelaria e Turismo Ltda,
for the 110-room New-Build Holiday Inn Express in Rio Branco, Brazil
/ August 2011
to Open Newly Renovated 87-room Holiday Inn Express Medical District in
Springfield, Missouri Owned by JKD, Inc. and Managed by Rolling Oaks
Hospitality; Property will Showcase Features of the Brand's Worldwide
Relaunch Program / August 2011
Management, Inc and IHG Complete Renovation and Re-Launch Project for
the New 77-suite Holiday Inn Express Fort Lauderdale Airport-West,
formerly the Comfort Suites, in Davie, Florida / July 2011
LTD and IHG Open the 104-key New-build Holiday Inn Express San Antonio
NW Near SeaWorld in Texas / June 2011
Hospitality Partners & IHG Open the Holiday Inn Express Nashville
West I-40/Whitebridge Rd, Formerly the Baymont Inn, Following $1.5
million Enhancement / June 2011
American Hospitality Management and IHG, Through a Franchise Agreement,
Announce New Build 198-room Holiday Inn Express Panama City / June
Signs 54 Hotels in Europe Adding over 7,800 Rooms Across Crowne Plaza,
Staybridge Suites, Holiday Inn, Holiday Inn Express and Hotel Indigo
Brands / June 2011
Rest Management and IHG Open the 123-room Holiday Inn Express San Diego
Airport - Old Town Following a $2 million Conversion / June 2011
Remaining Three Holiday Inn Hotels & Resorts, Holiday Inn
Chiangmai, Holiday Inn Resort Regent Beach Cha-Am, and Holiday Inn
Resort Phi Phi Island, Complete Renovations as Part of US $1 billion
Global Brand Refresh / May 2011
Hospitality Completes $400,000 Renovation and Re-Launch Project for the
New 66-room Holiday Inn Express Salt Lake City South - Midvale,
formerly the Comfort Suites, in Midvale, Utah / May 2011
Wismatama Indah Makmur Signs Management Agreement with IHG for Proposed
160-room Holiday Inn Express in Bali, Indonesia / April 2011
in Joint Venture with Duet India Hotels Group to Develop 19 Holiday Inn
Express Hotels Across India, Adding 3,300 Rooms to IHG's Current India
Development Pipeline / April 2011
Opens 92-room Holiday Inn Express Tampa North - Telecom Park in Tampa,
Florida Following Rebranding and Upgrading / March 2011
|IHG Signs with RB Capital Hotels to Open Southeast Asia’s Largest Holiday Inn Express in Singapore; Up to 500 rooms Planned for the $300 million Hotel / November 2010|