10 October 2017
IHG® signs management agreement for new Holiday Inn and Suites® in Dubai Business Bay
Strengthens presence in the Business Bay area with four upcoming hotels across three other brands.
IHG® (InterContinental Hotels Group®), one of the world’s leading hotel companies, has signed a management agreement with Kingston Holdings International Limited to develop a new Holiday Inn & Suites property in Dubai Business Bay. The signing will complement IHG’s hotel pipeline in the area, which includes the brands Hotel Indigo®, Crowne Plaza Hotels & Resorts® and an InterContinental® Residences, and anchor the company’s position as one of the leading operators in the Business Bay area.
Expected to open in 2021, Holiday Inn & Suites® Dubai Business Bay will be centrally located in Dubai’s commercial and lifestyle hub and in close proximity to major attractions such as Burj Khalifa and Dubai Mall. With 350 rooms, the hotel will offer guests two restaurants and a ballroom as well as one floor of dedicated meeting rooms to cater for business travellers. It will form part of a mixed-use development that includes 400 residences and a small boutique shopping arcade.
Pascal Gauvin, Chief Operating Officer, India, Middle East & Africa, IHG said: “We are delighted to have this opportunity to partner with Kingston Holdings International Limited to further expand our presence in Dubai, a city that continues to offer excellent growth opportunities for our hotels. Business Bay is the fastest growing district in Dubai and this signing is in line with our strategy to grow the well-recognized Holiday Inn brand in emerging epicentres. Dubai is one of the most visited cities in the world and, as host of Expo 2020 and as a prospering leisure and business destination within the gulf region, there are significant opportunities for us to cater to the expected rise in business and leisure travel. We look forward to welcoming guests at the Holiday Inn & Suites Dubai Business Bay in 2021."
For further information please contact:
+971 4213 6067
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®, Holiday Inn Resort®, Staybridge Suites® and Candlewood Suites®.
IHG franchises, leases, manages or owns more than 5,200 hotels and nearly 780,000 guest rooms in almost 100 countries, with more than 1,500 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 350,000 people work across IHG’s hotels and corporate offices globally.
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