IHG® Grows Boutique Footprint Across Spain And Southern Europe

Expansion of Hotel Indigo® and Kimpton® Hotels & Restaurant brands reflect growth opportunity of boutique hotel sector

April 03, 2019 // Franchising.com // InterContinental® Hotels Group (IHG®), one of the world’s leading hotel companies, has announced plans to open a new Hotel Indigo in the Spanish capital. The Hotel Indigo® Madrid - Princesa will be one of seven IHG boutique hotels opening in key cities across Southern Europe in the next three to five years.

The announcement was made during the 19th WTTC (World Travel & Tourism Council) Global Summit in Seville, Spain, which brings together influential figures from around the world to address the challenges and opportunities facing the Travel & Tourism industry.

The Hotel Indigo Madrid - Princesa is set to open its doors in Autumn 2019 in the Moncloa - Argüelles area, a key location in the Spanish capital within walking distance of the city’s main business and leisure districts. Developed in partnership with Hotel Collection International, a Luxembourg - based third party operating company which currently operates four IHG properties, the hotel will feature 100 design - led rooms inspired by local culture and history, a destination restaurant, fitness centre and access to a stunning rooftop with sweeping views of the city.

The move builds on Hotel Indigo’s strong growth as one of the largest boutique brands in this fast - growing segment. Having recently celebrated opening in 100 vibrant neighbourhoods around the world, Hotel Indigo made 33 new hotel signings in 2018 and is now set to double its portfolio over the next three to five years. Current open properties in Southern Europe include Madrid (Gran Via), Barcelona, Rome and Paris, with pipeline developments opening in Venice, Milan and Belgrade in 2019, Verona in 2020, and Gibraltar in 2021.

Together with IHG’s leading luxury boutique brand, Kimpton® Hotels & Restaurants, IHG’s boutique portfolio makes up almost 170 hotels globally, with nearly 120 more hotels in the development pipeline. Having doubled its number of signings in 2018, the Kimpton brand has secured a presence in 14 countries and is set to expand across Southern Europe with stunning properties opening in Barcelona at the end of 2019 and Paris in Summer 2020.

There are currently 186 IHG hotels (over 3,000 rooms) open across Southern Europe - 27 of which are in Spain - and 31 hotels in the pipeline*

*Figures as of 31 December, 2018

Hotel Indigo

Hotel Indigo serves the curious - people who are inspired by new places, new people and new ideas. With hotels in culturally diverse locations all over the world, no two properties are the same. Each is part of the pulse and the rhythm of a place, drawing inspiration from the local neighbourhood, culture and popular trends in food, drink and design to create a warm and vibrant atmosphere. With its ambition to ‘make travel inspiring’, Hotel Indigo provides a gateway to discover and explore some of the world’s most inspiring cities and neighbourhoods. Established in 2004, Hotel Indigo now has a presence in more than 15 countries with 102 open hotels and nearly 100 hotels in the pipeline. Currently, the brand has its largest number of hotels in the US, where there are more than 50 hotels, and Europe, where there are over 30, from the UK to Spain and Russia. In January this year Hotel Indigo celebrated opening in 100 vibrant neighbourhoods around the world.

Kimpton Hotels & Restaurants

As the industry pioneer that first introduced the boutique concept to the US in 1981, San Francisco - based Kimpton Hotels & Restaurants is renowned for making travellers feel genuinely cared for through thoughtful perks and amenities, inventive meetings and events, bold and playful design, and a sincerely personal style of guest service. The brand’s heartfelt approach to hospitality has translated to unique, design - led hotels across city centers, beachside resorts, mountain getaways, and more. Anchored in one - of - a - kind experiences, Kimpton now operates more than 60 hotels and 78 restaurants, bars and lounges across urban locations, resort destinations and up - and - coming markets in the United States, Canada, Europe, Caribbean and Greater China.

Upcoming IHG boutique openings:

About IHG®

IHG ® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including Regent Hotels & Resorts, InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, voco™ Hotels, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®, Holiday Inn Resort®, avid™ hotels, Staybridge Suites® and Candlewood Suites®.

IHG franchises, leases, manages or owns more than 5,600 hotels and approximately 837,000 guest rooms in more than 100 countries, with more than 1,900 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.

In February 2019, IHG acquired Six Senses Hotels Resorts Spas, adding 16 hotels (1,347 rooms) to its system and 18 hotels to its development pipeline.

InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 400,000 people work across IHG's hotels and corporate offices globally.

Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihgplc.com/media and follow us on social media at: www.twitter.com/IHGCorporate, www.facebook.com/IHGCorporate and www.linkedin.com/company/intercontinental - hotels - group

Media Contacts:

Michael Kissman
michael.kissman@ihg.com
+44 (0) 7970 889 317

Andriana Matsangou
Andriana.Matsangou@ihg.com
+44 (0) 7880 091 669

SOURCE IHG ® (InterContinental Hotels Group)

About Hotel Indigo

Hotel Indigo is the industry's first branded boutique hotel experience.

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