InterContinental Hotels Group (IHG) today announced the signing of two new hotels in Abu Dhabi which will mark the entry of a second InterContinental and second Holiday Inn property into the UAE capital.
InterContinental Hotels Group (IHG) today announced the signing of two new hotels in Abu Dhabi which will mark the entry of a second InterContinental and second Holiday Inn property into the UAE capital.
A 20-year management agreement was signed with the National Corporation of Tourism and Hotels for InterContinental Abu Dhabi - Grand Marina. Located in close proximity to InterContinental Abu Dhabi, the new 184-key hotel will feature rooms and serviced apartments. IHG also signed a management agreement with Pearl Azure Hotel Management LLC for the 257-key Holiday Inn Downtown Abu Dhabi, which will be a conversion of the current Sands Hotel in downtown Abu Dhabi. Featuring a restaurant, bar, pool, fitness centre and dedicated meeting space, the new hotel will undergo a refurbishment and open as a Holiday Inn by the end of 2014.
Pascal Gauvin, Chief Operating Officer, India, Middle East & Africa, IHG commented: "As the capital of the UAE and one of the fastest growing cities in the Middle East, Abu Dhabi is a key market for IHG and we see strong potential for all our brands here. Our Owners play an important role in our growth strategy and we are committed to building long-term relationships with them. We have had a long and successful partnership with the National Corporation of Tourism and Hotels and Pearl Azure Hotel Management LLC for nearly two decades now. The signing of the new InterContinental and Holiday Inn is a fantastic step in for both our Owners and IHG and we look forward to continuing our partnership to develop more industry-leading hotels for the growing travel market in Abu Dhabi."
IHG currently has 18 hotels open in the UAE across five brands, with another seven in the pipeline.
A 20-year management agreement was signed with the National Corporation of Tourism and Hotels for InterContinental Abu Dhabi - Grand Marina. Located in close proximity to InterContinental Abu Dhabi, the new 184-key hotel will feature rooms and serviced apartments. IHG also signed a management agreement with Pearl Azure Hotel Management LLC for the 257-key Holiday Inn Downtown Abu Dhabi, which will be a conversion of the current Sands Hotel in downtown Abu Dhabi. Featuring a restaurant, bar, pool, fitness centre and dedicated meeting space, the new hotel will undergo a refurbishment and open as a Holiday Inn by the end of 2014.
Pascal Gauvin, Chief Operating Officer, India, Middle East & Africa, IHG commented: "As the capital of the UAE and one of the fastest growing cities in the Middle East, Abu Dhabi is a key market for IHG and we see strong potential for all our brands here. Our Owners play an important role in our growth strategy and we are committed to building long-term relationships with them. We have had a long and successful partnership with the National Corporation of Tourism and Hotels and Pearl Azure Hotel Management LLC for nearly two decades now. The signing of the new InterContinental and Holiday Inn is a fantastic step in for both our Owners and IHG and we look forward to continuing our partnership to develop more industry-leading hotels for the growing travel market in Abu Dhabi."
IHG currently has 18 hotels open in the UAE across five brands, with another seven in the pipeline.
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