The Holiday Inn Express Belem Nazaré will open in May 2016 and will be operated through a franchise contract. It will be the brand's second property in the city of Belem, located at the mouth of the Amazon River.
The Holiday Inn Express Bélem Nazaré will have 140m² of meeting areas and a fitness center that is open 24 hours a day. The premises and the business belong to Price Investimentos e Participações Ltda., a subsidiary of the MB Capital Group. IHG will operate the property through a franchise contract under the brand Holiday Inn Express.
On January 1, 2015, Intercontinental Hotels Group is the second largest group in Europe in terms of number of rooms with 90,160 units in 589 properties according to MKG Hospitality, the consulting firm founded by Georges Panayotis. (Read our report) It was the biggest hotel group worldwide on January 1, 2014 with 686,873 rooms in 4,697 hotels.
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