INTERCONTINENTAL Hotels Group (IHG) and international investment company Pro Invest Group have signed a franchise agreement for a 245-room Holiday Inn Express in Adelaide’s CBD.
Coming up in 2018, the new build hotel will be situated on Hindley Street, close to North Terrace, the Adelaide Convention Centre and the upcoming Royal Adelaide Hospital.
Holiday Inn Express Adelaide provides free Wi-Fi, a fitness centre, self-service business centre and laundry room, and two meeting rooms for small functions and events.
Karin Sheppard, COO, Australasia, Japan, Korea and Asia, Middle East and Africa franchising, IHG, said in a press release: “The development of the new Holiday Inn Express Adelaide is the latest in a series of milestones for IHG and our partners Pro Invest. The site is exactly the right location for the Holiday Inn Express guest and hits our strategy of bringing the brand to key Australian cities.
“We know the domestic market will respond extremely well to this fresh and exciting brand and having a Holiday Inn Express in the CBD will be key as the increase in air connectivity between Adelaide and other key Asian cities continues. The hotel will open in 2018 following the launch of the brand in Sydney due to take place early next year.”
The hotel is the third to be signed under the master development agreement between IHG and Pro Invest, which will see the investment firm develop 15 Holiday Inn Express hotels across Australia by 2025.
The first two hotels will open in Sydney’s Macquarie Park, North Ryde in 1Q2016, and Brisbane’s Spring Hill in 3Q2016.
