Concord Wilshire and TLG Investment Partners Place the Former Holiday Inn Property in Lauderdale-by-the-Sea Under Contract
Concord Wilshire | February 27, 2019
Fort Lauderdale, FL—Concord Wilshire Capital, LLC ("Concord Wilshire") and TLG Investment Partners, LLC ("TLG") announced today that on February 25, 2019, they signed a purchase and sale agreement to acquire the former Holiday Inn site as well as the former Villa Caprice beach-front site located in Lauderdale-By-The-Sea, Florida. Concord Wilshire is a joint venture partner with TLG, which is headed by Leland C. Pillsbury and Christopher Nieberding. The former Holiday Inn property located at 4116 El Mar Drive is situated in the heart of Downtown Lauderdale-By-The-Sea, bound by AIA to the West and El Mar Drive to the East. The 183-r...
The Values Institute | September 6, 2018
SANTA ANA, Calif. (Sept. 6, 2018) — Holiday Inn, an Atlanta, Ga. company, finished at the top of the hotel category in a national survey measuring the trustworthiness of the nation's largest brands in eight key industries. Hilton landed in second place, followed by Hyatt, Sheraton, Marriott, and Best Western. The survey, which measured how well 43 of the largest U.S. brands connect with customers, found that hotels and appliances are the country's most trusted brand categories while cell service providers and rideshare services rank lowest on the public trust spectrum. The Values Institute (TVI), a leading social science research ...
IHG | August 13, 2018
InterContinental Hotels Group (IHG), one of world's leading hotel companies has signed a management agreement with Lotus Trans Travel Private Limited to establish a four hotel portfolio under the Holiday Inn banner. Slated to open between 2020 and 2023, Holiday Inn Bodhgaya, Holiday Inn Kushinagar, Holiday Inn Gorakhpur and Holiday Inn Shravasti together will add over 450 rooms to IHG's system and establish company's presence at the Buddhist tourism circuit. As a part of the agreement, Holiday Inn hotels in Bodhgaya, Kushinagar and Shravasti will be refurbished and upgraded, to ensure the portfolio is fully representative of the Holiday...
IHG Partners With SDB Developers to Expand Presence in Kolkata with Signing of Holiday Inn Resort Kolkata NH6
IHG | June 5, 2018
InterContinental Hotels Group (IHG), one of world's leading hotel companies has announced a partnership with SDB Developers to bring a second Holiday Inn hotel to Kolkata. As part of the agreement, the 110-room Holiday Inn Resort Kolkata NH6 will have 90 rooms operational by the end of 2018, with 20 additional rooms expected to be operational by 2020. The new resort will expand the growing presence of the Holiday Inn brand family in the country. Sprawling across 12 acres of land in Uluberia, a city that comes under the Kolkata Metropolitan Area, Holiday Inn Resort Kolkata NH6 is strategically located to offer excellent connectivity to c...
Ratanakorn Asset and IHG Sign Agreement for Development of Eight New Properties in Thailand’s Key Resort Destinations
IHG | May 23, 2018
IHG (InterContinental Hotels Group), one of the world's leading hotel companies, in partnership with Ratanakorn Asset, has announced the momentous signing of eight new properties in Thailand's key resort destinations of Pattaya, Rayong, Phuket, Khao Lak and Koh Samui. The multi-brand signing, consisting of new-builds and a conversion across the Holiday Inn®, Holiday Inn Express® and Staybridge Suites brands, will add more than 2,000 rooms and ramp up IHG's presence in the country, which already boasts the group's largest system size in the region. The hotels are set to open from this year to 2027. Clarence Tan, Managing Director...
IHG | May 3, 2018
IHG® has signed a deal with Barnes Capital to open a striking Holiday Inn® in Coburg, Melbourne's up-and-coming northern suburb, in 2020. When it opens in 2020, Holiday Inn Melbourne Coburg will enjoy views across the town and its surrounding landscape, including Coburg Lake Reserve. It will feature a gym and large meeting facilities, as well as a bar and all-day dining, establishing it as the destination to sip, dine and unwind. The 150-room new-build hotel will show off a bold, new design statement for Holiday Inn, created by architects Hachem, with its mirrored glass design destined to become a landmark in the heart of Coburg...
IHG Signs With Focus Ventures to Develop Dual-Branded Hotel Indigo and Holiday Inn in the Heart of Melbourne’s Retail District
IHG | May 2, 2018
IHG® will open its first Australian dual-branded hotel by 2022 with the signing of Hotel Indigo® Melbourne Little Collins and Holiday Inn® Melbourne Bourke Street Mall, in the heart of the CBD. Currently trading as The Walk Arcade, the site is arguably Melbourne CBD's most strategic retail destination and will allow the hotels to form a symbiotic relationship and capitalise on Melbourne's booming corporate and leisure demand. The property will front onto Bourke Street Mall on one side and Little Collins St on the other, allowing Holiday Inn to make the most of the pedestrianised retail haven and Hotel Indigo to bring the edg...
IHG | March 7, 2017
Announcement, made at the International Hotel Investment Forum (IHIF), follows the news that IHG achieved record signings in 2016 and now has more than 100 hotels either in the pipeline or in operation in the market InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, has today announced the signing of eight new hotels within the Holiday Inn® brand family in Germany. The announcement comes as IHG has recently reported a strong year for the market, and three consecutive record years of signings, including 17 hotels in 2016. One of the key drivers of IHG's success in the region has been working with ...
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