Group overview: IHG to roll out 100,000 new hotel rooms
Hilton Singapore is on course to reopen as Voco Orchard Singapore in early 2021
The TOPHOTELPROJECTS construction database shines a light on IHG’s impressive hotel pipeline and its relentless focus on the fast-growing APAC market.
In the coming years, IHG is planning to open 463 hotel schemes with a whopping 99,659 rooms around the world, according to our research. We take a closer look at these ambitious plans and pick out some of the properties you really ought to know about.
IHG’s hotel openings by year
In the remaining months of 2021, 88 new hotels with 18,988 rooms are due to open their doors. And 2022 will be busy too, with no fewer than 146 launches and 31,460 keys currently on its development slate.
Things will slow down a bit in 2023, however, with only 99 projects and 20,688 rooms set to go live as things stand. For 2024 and beyond, another 130 hotels with 28,523 rooms are already in the works.
IHG’s growth plans by region
IHG is focusing the majority of its resources on APAC – 264 hotels with 58,535 keys are scheduled to go live here in the near future. China will see the lion’s share of these openings with 155 properties and 33,998 keys earmarked for the People’s Republic, although Australia’s also a key growth market, as demonstrated by its tally of 22 projects and 4,440 rooms.
Europe takes second place in IHG’s region-by-region leaderboard, with 72 projects and 12,972 keys. But North America follows right behind with 71 planned projects and 11,425 rooms, helped by a strong showing in the US, where 61 projects and 9,872 keys are on the way.
In the Middle East, IHG is planning 41 openings and 13,908 additional rooms, while Africa will see nine projects with 1,694 keys launched soon.
Fastest growing hotel brands in the IHG portfolio
Hotel Indigo leads the list of IHG’s fastest growing flags – this prolific upscale brand has 90 projects and 15,411 rooms on its books at present.
Elsewhere, Holiday Inn Hotels & Resorts will grow its footprint by 79 properties and 20,367 keys. And signature luxury brand InterContinental Hotels & Resorts will add 71 schemes with 16,785 keys to its portfolio.
Noteworthy hotel openings in the IHG pipeline
Fittingly, all three of IHG’s standout projects listed below are in APAC, the hotel company’s strongest growth region.
We begin with InterContinental Vientiane in Laos, a 400-room hotel that’ll form part of the under-construction World Trade Centre. The property will also offer guests easy access to the city’s main sights and the international airport, and feature a swimming pool, a spa, a fitness centre and several upscale dining options. An opening date has not yet been announced.
In nearby Singapore, the current Hilton Singapore is being rebranded to join IHG’s Voco chain. The property is on course to reopen as Voco Orchard Singapore in early 2021. With 423 hotel rooms and 12 meeting venues, it’ll boast Voco’s signature design, making it ideal for style-conscious leisure and business guests.
Over in China’s Fujian province, meanwhile, Crowne Plaza Quanzhou Riverview will launch before the end of this year. It’ll boast 372 rooms in a convenient location close to the city’s major tourist, business, retail and culture centres. At the property, guests will find 1,633 sq m of versatile events space, as well as a fitness centre, pool and restaurant.
IHG Hotel Construction Report
Did you know that currently IHG has 420 hotel projects in the pipeline? Get your free copy of our latest report for more details.
Many TOPHOTELNEWS articles draw on exclusive information from the TOPHOTELPROJECTS construction database. This subscription-based product includes details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishments and conversions.
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IHG operates hotels in three different ways – as a franchisor, as a manager and on an owned and leased basis.