
InterContinental Hotels Group announced the signing of agreements for the development of two new establishments in the region under the Holiday Inn Express brand.
InterContinental Hotels Group is developing in Central America through the Holiday Inn Express brand. The hotel group announced that it has signed agreements for franchise development of two new establishments in Managua, Nicaragua, and Tegucigalpa, Honduras. Their opening is scheduled for 2014.Together, the two Holiday Inn Express hotels will add 220 rooms to the Holiday Inn umbrella brand portfolio in the area. To date, the IHG group has 18 Holiday Inn Express and 24 Holiday Inn in Latin America and the Caribbean.