MOSCOW—IHG inked a deal for the Holiday Inn Express Moscow-Sheremetyevo Airport, which will operate under a management agreement with Palmira, LLC.
The new-build hotel will feature 192 rooms and will open in 2017.
The hotel is adjacent terminals D, E and F at Sheremetyevo Airport, Russia’s second largest airport serving the capital and surrounding regions. The property is being positioned to attract demand from domestic and international travelers as well as airline crews.
This is the second HIEx deal in the country for IHG. Russia’s first Holiday Inn Express hotel is due to open in Voronezh in the next few months.
Aron Libinson, associate VP/development, Russia & CIS, stated, “This hotel is going to be a fantastic representation of the Holiday Inn Express brand and we couldn’t have asked for a better location at one of Moscow’s two international airports.”
Co-owner of Palmira, Sergey Tarasov, stated, “This hotel, boasting state-of–the-art facilities in a prime airport location, is just what guests need.” Co-owner of Palmira Boris Minakhi added, “We are anticipating high demand as tourism and business travel in Russia continues to rise. We are looking forward to opening the hotel’s doors in 2017.”
There are currently 215 Holiday Inn Express hotels in Europe and 43 in the pipeline as of December 31, 2013.