IHG's European Expansion: New Properties in Budapest and Stockholm

3 min reading time

Published on 31/01/24 - Updated on 31/01/24

Rendering of Holiday Inn & Suites Bud

InterContinental Hotels Group (IHG) continues its growth trajectory in Europe with the signing of two properties – Holiday Inn & Suites Budapest Centrale and voco Stockholm Kista.

Holiday Inn & Suites Budapest Centrale:

IHG adds another hotel to its Hungarian portfolio with the signing of Holiday Inn & Suites Budapest Centrale. Slated to open in late 2026, this 170-room property will be located in the XIV district of Budapest, directly above the Puskas Ferenc Stadion metro station.

The hotel, will feature 25 long-stay suites with kitchenettes, an Open Lobby, restaurant, lobby bar, meeting room, fitness center, while it will boast and some of the key brand hallmarks such as Kids Stay and Eat Free. Furthermore, IHG collaborates with trusted partners Chain Bridge Ventures Kft. and Mogotel Hotel Group for this project.

“We’re delighted to have signed Holiday Inn & Suites Budapest Centrale – an agreement that brings our first '& Suites' offer to Europe for our Holiday Inn brand, offering a longer-stay option in the heart of the capital. The hotel will be located in a very popular area of Budapest and will provide guests with the perfect base from which to enjoy everything the Hungarian capital has to offer.
It has been a pleasure to collaborate with our partners Chain Bridge Ventures Kft and Mogotel Hotel Group throughout the development process, and we look forward to turning our collective visions into reality and welcoming guests at the hotel in the second part of 2026.”- Mrs Willemijn Geels, VP Development, Europe, IHG Hotels & Resorts.

voco Stockholm Kista:

IHG marks its re-entry into the Swedish market with the signing of voco Stockholm Kista. This 201-room property, adds to the voco hotels' portfolio, is expected to open in the second half of 2024.

“We have seen significant growth momentum with our voco hotels brand since it launched in 2018 and this signing reinforces that we are on our way to reaching the brand’s global ambition of 200 properties in leading urban and leisure locations by 2028. The brand commands top guest satisfaction scores thanks to its individual charm and character, and its conversion-friendly design and operational framework allows owners to bring their unique visions to its properties.
This milestone signing would not have been possible without our real estate partner Revelop as well as operating partner Mogotel – with whom this is another hotel signing with in recent months, following the announcement of Holiday Inn & Suites Budapest Centrale. We look forward to continuing to build a strong relationship with both partners as we explore new opportunities in the Nordics.”- (Mrs) Willemijn Geels, VP Development, Europe, IHG Hotels & Resorts.

The hotel is located in Kista, often referred to as Sweden's Silicon Valley and offers five personalized meeting and events spaces. Moreover, the property will boast a restaurant, lobby bar, fitness room, rooftop spa with an indoor swimming pool and a rooftop garden.

"With the voco hotel, in partnership with IHG Hotels & Resorts and Mogotel, we are delighted to be able to bring a new kind of guest experience to Stockholm Kista. With its sustainable profile we see the voco concept as a strong addition to Nordic Forum and a perfect match with our Revelop values. With IHG's scale, experience, and proven reputation in the industry, alongside the voco hotels brand's high popularity with guests, we have no doubt that voco Stockholm Kista will become one of the most sought-after destinations in Northern Stockholm."- Thomas Sipos, CEO of Revelop

InterContinental Hotels Group

InterContinental Hotels Group

Hotel Group

  • InterContinental Hotels Group United Kingdom
  • Offres d'emplois 83 currents job offers
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