InterContinental Hotels Group (IHG) and international investment company Pro Invest Group have signed a franchise agreement for a 245-room Holiday Inn Express hotel in Adelaide’s Central Business District (CBD).
The hotel is the third to be signed under the master development agreement between IHG and Pro Invest, which will see the investment company develop 15 Holiday Inn Express hotels across Australia by 2025.
The first two hotels will open in Sydney’s Macquarie Park, North Ryde in the first quarter of 2016, and Brisbane’s Spring Hill in the third quarter of 2016.
“Together with IHG we are progressing very well in securing strategic, in-demand locations to develop Holiday Inn Express hotels,” said Ronald Barrott, Chief Executive Officer, Pro Invest Group.
“Adelaide in particular has seen some excellent occupancy in recent years and we are pleased to have secured this prime location in the city’s CBD for the third hotel in our portfolio.”
The new build hotel will be situated on the city’s thriving Hindley Street, in close proximity to North Terrace, the Adelaide Convention Centre and the upcoming Royal Adelaide Hospital.
“The development of the new Holiday Inn Express Adelaide is the latest in a series of milestones for IHG and our partners Pro Invest,” said Karin Sheppard, Chief Operating Officer, Australasia, Japan, Korea and Asia, Middle East and Africa (AMEA) Franchising, IHG.
“The site is exactly the right location for the Holiday Inn Express guest and hits our strategy of bringing the brand to key Australian cities.
“We know the domestic market will respond extremely well to this fresh and exciting brand and having a Holiday Inn Express in the CBD will be key as the increase in air connectivity between Adelaide and other key Asian cities continues.
“The hotel will open in 2018 following the launch of the brand in Sydney due to take place early next year,” she said.
Holiday Inn Express Adelaide Hindley Street will offer guests a smart and convenient stay which includes:
-Free and fast WiFi available in guest rooms and throughout the hotel so they stay connected all day, every day;
-Free Express Start Breakfast or a Grab & Go option for a smart start to the day;
-A comfortable and restful sleep with high quality bedding and choice of firm or soft pillows;
-Self-service business centre and laundry room for their everyday needs; and
-Access to the fitness centre to indulge in their fitness regime any time
The hotel will also have two meeting rooms for small functions and events.