InterContinental Hotels Group (IHG) and Maplewood Hotels & Resorts announced plans to develop its dedicated long-stay brand at the destination.
InterContinental Hotels Group and Maplewood Hotels & Resorts, a joint venture formed between Driftwood Hospitality Management and Pacrim Hospitality Services Inc in 2013, plan to develop 15 new-build Candlewood Suites® properties in target markets throughout Canada over the next few years.
In 2007, Pacrim opened the first Candlewood Suites hotel in Montreal and currently owns or operates 11 IHG-branded hotels in Canada and two in the United States. Driftwood has 12 IHG-branded hotels in its portfolio, through management and franchise agreements with affiliates of IHG, across the United States. "Driftwood is keen on strengthening our relationship with IHG, which is why the development of new Candlewood Suites hotels through Maplewood is a perfect fit," said Carlos Rodriguez, EVP for Driftwood.
IHG will continue to expand the portfolio of Candlewood Suites hotels in Canada through this relationship as well as other valued owners.
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