IHG Expands in Greater London with Six Signings
Monday March 31st, 2014 - 10:20AM B
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LONDON—IHG has signed two hotels here with the Hotel Indigo London - Barbican and Holiday Inn - Watford Junction. As a result, over the last nine months IHG signed all six of its current European brands into its Greater London pipeline, further reinforcing IHG’s presence in the UK’s capital.
The two new signings join the InterContinental London - The O2, Crowne Plaza London - Albert Embankment, Staybridge Suites London - Vauxhall and Holiday Inn Express London – Ealing.
Due to open this summer, Holiday Inn Watford Junction will be a 92 -room property operating under a franchise agreement with Nine Hospitality Ltd. Meanwhile IHG continues to build momentum in East London with the addition of another Hotel Indigo property - Hotel Indigo - London Barbican. The newly constructed 101-room hotel will operate under a franchise agreement with long standing Owner Partner Sanguine who currently have six IHG hotels open in the UK and two under construction. The hotel is due to open in 2016.
Angela Brav, CEO Europe, IHG stated, “IHG already has a significant presence in Europe. Signing all six of our current European brands in Greater London is just fantastic and demonstrates the continued momentum in the market. We see plenty of room to grow here and these signings demonstrate the ability of our brands to penetrate markets across Europe both old and new. IHG’s relationship with our owners is absolutely key in maintaining long-term sustainable development and I’m thrilled to see us all growing together.”
Vivek Chadha, owner of Nine Hospitality said in a statement, “The Holiday Inn brand has a legendary reputation in the industry and so we’re very proud to be part of such an internationally recognised hotel company. The signing of Holiday Inn Watford Junction kicks off what is destined to be a fantastic relationship with IHG. We are looking forward to opening our hotel doors to what is set to be a busy yet inviting Open Lobby for our guests in Watford Junction in just a few months.”
Tags: IHG • Hospitality • Brands •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.