September 25, 2013 // Franchising.com // InterContinental Hotels Group (IHG®) is proud to announce the signing of its third InterContinental property for London: InterContinental® London The O2.
The new hotel is scheduled to open in 2015 when it will take its place alongside its sister properties InterContinental London Westminster, which has been open for less than a year, and InterContinental London Park Lane which is a long-established luxury destination in the Capital.
The 452-room InterContinental London The O2 will operate under a franchise agreement with Meridian Hotel Operations Limited and will be managed by Arora Hotels.
The hotel will feature a health spa, numerous restaurants, a club lounge, main bar and a sky bar with 180-degree views over Canary Wharf and the River Thames. InterContinental London The O2 will also attract valuable meetings, events and conferences to London with its 3000m2 open-plan hotel ballroom, the largest pillar-free ballroom in Europe.
The new hotel is located on the Greenwich Peninsula, immediately adjacent to The O2 Arena and at the heart of one of the largest regeneration areas in the UK. The O2 Arena hosts nearly 200 events annually, attracting approximately 7.5 million visitors. The hotel will be six miles from London City Airport and 400 metres from North Greenwich tube station. It is also enjoys good road access to the Blackwall Tunnel and is well connected to the Emirates Airline Cable Car which links the Greenwich Peninsula to the ExCel Exhibition Centre.
Robert Shepherd, Chief Development Officer (Europe) for InterContinental Hotels Group (IHG), said: “This has been a great twelve months for the InterContinental brand in London, with one fabulous new hotel opening and another now signed into our pipeline. This location is at the heart of one of London’s most exciting development opportunities. InterContinental London The O2 will both benefit from – and be a catalyst for – growth and prosperity in this area. I’m looking forward to 2015 when InterContinental London The O2 will take its place alongside its sister properties as beacons of luxury in the Capital.”
Surinder Arora, Founder and Chief Executive of Arora, said: “I am delighted to be involved in such a high profile scheme in a fantastic location next to The O2 offering a unique marketing and events opportunity. Working alongside excellent partners, this development will add high quality accommodation and conference inventory to a vibrant part of London which has recently been exposed to the world stage with the summer 2012 London Olympics.”
InterContinental London The O2 is the 53rd hotel in the pipeline for the InterContinental hotel brand and will join the brand’s global portfolio of 170 InterContinental hotels across the world when it opens in 2015.
For more information please visit: www.ihg.com
*Figures as at 30th June 2013.
IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of nine hotel brands, including InterContinental® Hotels & Resorts, Hotel Indigo® Hotels, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express® Hotels, Staybridge Suites® Hotels, Candlewood Suites® Hotels, EVEN™ Hotels and HUALUXE™ Hotels & Resorts.
IHG manages IHG® Rewards Club, the world’s first and largest hotel loyalty programme with over 74 million members worldwide. The programme was relaunched in July 2013, offering enhanced benefits for members including free internet for Elites across all hotels, globally.
IHG franchises, leases, manages or owns over 4,600 hotels and 678,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate over the next few years.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales.
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SOURCE IHG (InterContinental Hotels Group)