IHG (InterContinental Hotels Group) (LON: IHG) (NYSE:IHG)
(ADRs), announces the signing of three new Holiday Inn Express
hotels in Colombia. The hotels, owned and managed by Grupo Contempo
S.A., under a license agreement with a company in the
InterContinental Hotels Group, will be located in the key cities of
Bogota, Cartagena and Barranquilla. IHG’s relationship with Grupo
Contempo began in 2008 with the signing and opening of the Holiday
Inn Express Bogota in the vibrant neighborhood of “Parque de la
93.”
The new properties, scheduled to open in 2014, will add 450
rooms to IHG’s existing portfolio in Colombia, which currently
includes eight hotels and 1,910 rooms. The new hotels will also
complement IHG’s four existing Holiday Inn and Holiday Inn Express
properties in the country.
“Expanding in the Colombia market is one of IHG’s main focuses
in Latin America,” said Joel Eisemann, chief development officer,
IHG, the Americas. “With a growing economy and an expanding
middle class, we foresee a strong demand for midscale hotels in the
country. Holiday Inn Express is one of the fastest growing midscale
hotel brands, and these three signings are a testament to the
strength and winning formula the brand offers owners.”
The Holiday Inn Express Bogota OXO 67th will be the second hotel
that Grupo Contempo will develop in Colombia’s capital city,
Bogota. The hotel will be part of a mixed-use complex, consisting
of an office tower, a hotel tower and retail on the ground floor.
The seven-story, 100-room hotel will be located in the heart of the
financial district, close to the main corporate offices of major
multinational companies; embassies and consulates; the National
Theater; and “Zona G” (G Zone), renowned for its restaurants and
bars.
The 200-room Holiday Inn Express Cartagena will be located in
the heart of the Bocagrande district, one of the city’s most
popular tourist spots. Encircled by a vibrant commercial and
residential area, the 15-story hotel will be within close proximity
to a variety of popular restaurants, shops, cafes and bars. The
Holiday Inn Express Cartagena will boast a business center, a
swimming pool and a fitness facility.
The Holiday Inn Express Barranquilla will be situated adjacent
to the modern Buenavista Shopping Mall & Entertainment Center
in one of Barranquilla’s most exclusive neighborhoods. The
18-story, 150-room hotel is within walking distance to a variety of
high-end boutiques, shops and restaurants. The hotel will also
feature a swimming pool, a business center and a fitness
facility.
The new hotels will exemplify the $1 billion Holiday Inn
relaunch, the largest project of its kind in the history of the
hospitality industry. First announced in 2007, the relaunch program
creates a more contemporary brand image as part of the drive to
increase quality and consistency across the global portfolio. The
program focuses on arrival and welcome services, guestroom and
guest bath comfort and a redesigned logo and signage.
“We continue to add momentum to our current Colombia development
pipeline,” said Alvaro Diago, COO, Latin America and Caribbean
Region for IHG. “Grupo Contempo is a fantastic partner who knows
the market well, helping us facilitate our main objective of
continuing the broad distribution of the Holiday Inn and Holiday
Inn Express brands throughout key business and leisure hubs in
Colombia.”
“We are thrilled to partner with IHG on these three properties,”
added Ernesto Estefan of Grupo Contempo S.A. “The Holiday Inn
Express brand attracts the precise demographic we are seeking for
our hotels. We are confident of the success that these hotels will
have in these important cities.”
IHG has 42 Holiday Inn and Holiday Inn Express properties
throughout Latin America and the Caribbean, 92 Holiday Inn and
Holiday Inn Express hotels in Mexico, and has been serving Latin
America for 65 years. IHG, with hotels situated in nearly every key
market throughout the region, has nearly 200 hotels in Mexico,
Central and South America and the Caribbean.
Holiday Inn hotels participate in IHG’s guest loyalty program,
Priority Club® Rewards, the industry’s first and largest guest
loyalty program with more than 63 million members globally.
Priority Club Rewards membership is free and guests can enroll by
logging on www.priorityclub.com, calling 1-888-211-9874 or by
inquiring at the front desk of this hotel or any of IHG’s nearly
4,400 hotels worldwide.
About Holiday Inn
Express
Holiday Inn Express hotels are modern hotels for value-oriented
travelers. Fresh, clean and uncomplicated, Holiday Inn Express
hotels offer competitive rates for both business and leisure
travelers. Guests Stay Smart® at Holiday Inn Express hotels where
they enjoy a free hot Express Start® Breakfast Bar, free high-speed
Internet access and free local phone calls (US and Canada only).
There are currently more than 2,000 Holiday Inn Express hotel
locations around the globe. For more information about Holiday Inn
Express hotels or to book reservations, call 1-800-HOLIDAY or visit
http://www.hiexpress.com/.
Notes to Editors:
IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)]
is a global organization operating seven hotel brands including
InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne
Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts,
Holiday Inn Express®, Staybridge Suites® and Candlewood Suites® .
IHG also manages Priority Club® Rewards, the world’s first and
largest hotel loyalty program with over 63 million members
worldwide.
IHG franchises, leases, manages or owns over 4,400 hotels and
more than 658,000 guest rooms in nearly 100 countries and
territories, and has more than 1,100 hotels in its development
pipeline.
IHG expects to recruit around 90,000 new people worldwide across
its estate over the next few years and is committed to gender
balance throughout its business. We aspire to continue retaining a
minimum of 25% female representation on the Board.
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 or
www.youtube.com/ihgplc.
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