IHG Development Update

IHG To Open Eight New Hotels in Russia, CIS & Georgia

Rendering of the bar at the Crowne Plaza Moscow - Park Huaming
Crowne Plaza Moscow - Park Huaming

IHG

IHG (InterContinental Hotels Group) is making strides against its expansion strategy in Russia, CIS & Georgia, as it opened three new hotels in recent weeks with a further five set to open over the coming months. These openings illustrate IHG's commitment to growth in the region, with a further 18 hotels in the development pipeline.

So far in 2019, IHG has opened Crowne Plaza Ufa – Congress Hotel and Holiday Inn Express Moscow - Baumanskaya, as well as entering the Armenian market with Holiday Inn Express Yerevan in February. This momentum is set to continue throughout the year and a new Crowne Plaza has been signed in Krasnodar, set to convert and open later this year. This new signing joins Holiday Inn Perm, Crowne Plaza Moscow - Park Huaming, Holiday Inn Aktau-Seaside (Kazakhstan) and Holiday Inn Telavi in Georgia, which are all set to open their doors in 2019.

The region at large is showing a strong appetite for branded properties.

Aron Libinson, Vice President Operations and Development, Russia, CIS and Georgia, IHG, commented: "We are seeing strong growth in Russia, CIS and Georgia, as we successfully implement our strategy. Growth in the region has been fuelled by a number of factors, including an increase in domestic travel, growth in tourism from visa free countries and demand from European travellers who are attracted by new travel experiences and lower costs. Our outlook for Russia, CIS and Georgia is long-term. We have expanded our local office in Moscow and are acting to ensure we provide options from across our brand portfolio to meet the demand from a range of consumer needs – whether it is business or leisure travel."

IHG currently has 33 hotels* operating under six brands in Russia, CIS and Georgia, including: InterContinental Hotels and Resorts, Hotel Indigo, Crowne Plaza, Holiday Inn, Holiday Inn Express, and Staybridge Suites.

*Numbers as at 31 December 2018.

Crowne Plaza® Ufa– Congress Hotel, Russia (7 March 2019)

Located in the business centre of Ufa near the political district, parks and local attractions, the Crowne Plaza Ufa – Congress Hotel is a home away from home. The 161 room property boasts more than 1000m2 of functional space and 12 fully equipped conference rooms, making the hotel ideal for business events. A fitness center, billiards room and spa with a rooftop sauna provide guests with the highest level of comfort and relaxation. Three on-site restaurants offer international and modern Russian cuisine and guests can appreciate a panoramic view over the city from the Sky Lounge.

Holiday Inn Express® Moscow - Baumanskaya, Russia (21 March 2019)

Conveniently located in a business district near Baumanskaya Metro Station, the Holiday Inn Express Moscow is only 2 metro stops from Red Square and 7 minutes drive to the main railway stations, making it ideal for leisure and business travellers. The property has 128 air-conditioned rooms, as well as meeting facilities and free Wi-Fi. The hotel offers a delicious breakfast buffet to kick start your to the day. In the “Express Café Bar” guests can enjoy a wide range of hot and cold beverages in a modern relaxing surrounding.

Holiday Inn® Perm, Russia (May 2019)

Centrally located in a quite part of the city, the Holiday Inn Perm is close to cultural attractions like the Perm Museum of Contemporary Art and the recently renovated Kama river embankment. The 118 room hotel provides comfort and modern convenience with conference facilities, free Wi-Fi, and the cozy “KLEN” restaurant, which offers a wide range of barbecue dishes. Fashionable eco-design elements, a real coal furnace, and the open kitchen create a friendly atmosphere to ensure a unique dining experience.

Holiday Inn Telavi, Georgia (Summer 2019)

The hotel is located in the centre of Telavi with spectacular views of Batonis Tsikhe Castle and in the leading wine region of Georgia. The property offers 85 well-equipped rooms and conference facilities that can accommodate up to 50 guests.

Crowne Plaza® Moscow - Park Huaming, Russia (November 2019)

The newly built 340 room upscale hotel is conveniently located next to Botanichesky Sad metro station and Moscow Central Circle station in one of the greenest areas of Moscow with a beautiful Chinese garden close by. The property offers its guests exclusive design inspired by centuries-old heritage of Chinese culture and has some of the biggest rooms in the city with exquisite design and commodious bathrooms with walk-in showers.

Ideal to facilitate business gatherings, the hotel has free high-speed internet access and 10 conference rooms which can fit up to 1,000 guests in one of the biggest ballrooms in the city. To fully relax after a busy day, travelers can visit the Club Lounge, dine in an authentic Chinese restaurant or have a refreshing beverage at the beautifully designed hotel bar.

Crowne Plaza Krasnodar, Russia (November 2019)

After the renovation process and conversion from a non-branded property this Crowne Plaza hotel will offer 238 rooms to its guests. Travellers coming to the city on business or leisure will enjoy vast meeting spaces, a swimming pool and a fitness centre.



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