IHG to Develop 2 Additional Hotels in Germany
- Mar 07, 2014
InterContinental Hotels Group has signed two additional hotels in Germany under two existing multiple development agreements with long-standing partners.
The first of the two new hotels, Holiday Inn Express Siegen, will be a newly built 120-room hotel that will operate under a franchise agreement with existing MDA partner Tristar Hotel & Management GmbH. The property is set to become the first IHG hotel to open in Siegen, a popular university town in Germany with more than 100,000 inhabitants. Located on an intersection in the center of the city, within walking distance of the main rail station, the hotel is scheduled to open towards the end of 2015.
The second hotel will be a newly constructed 213-room Holiday Inn Düsseldorf – Toulouser Allee. The opening of the hotel, scheduled for 2016, will mark the Holiday Inn brand’s return to Düsseldorf. It will operate under a franchise agreement with existing MDA partner Arcadia Hotelbetriebs GmbH. Arcadia currently operates Holiday Inn Munich South, Holiday Inn Express Gütersloh, Holiday Inn Express Osnabrück and Holiday Inn Salzburg. Located in the redeveloped area Le Quartier Central, close to the city center and a ten-minute drive away from Düsseldorf Airport, the hotel will feature Holiday Inn’s innovative Open Lobby.
“Tristar and Arcadia are among the most reputable and successful hotel operators in Germany and we are delighted to see our Holiday Inn brand family continue to expand in this priority market,” said Chief Development Officer at Europe IHG, Robert Shepherd. “Our multiple development agreements are proving very effective in accelerating the pace of development growth for our owner partners and for IHG.”