IHG to double Hotel Indigo portfolio within 5 years

Image © IHG Hotels & Resorts
IHG Hotels & Resorts’ boutique lifestyle brand Hotel Indigo is setting out a stall to double its portfolio over the next three to five years.

As at 31 December 2022, the four-star line’s global network stands at 143 open hotels comprising 18,454 rooms across more than 20 countries. 

Rapid growth

Hotel Indigo has grown rapidly since launching in 2004, with sites in major destinations from New York to Hong Kong.

The locally-engaged brand is poised to continue its strong expansion as one of the largest lifestyle brands in this fast-growing segment.

Doubling keys

At year-end 2022, Hotel Indigo had 119 projects in its pipeline, with 30 added during the 12 months prior.

This takes the pipeline to nearly 20,000 rooms, which in itself would double the existing system size.

Great in China

IHG has divided its pipeline projects into three global regions – the Americas; Europe, Middle East, Africa and Asia (excluding Greater China); and Greater China itself.

The Greater China region leads the line with 39% of the total, equating to 47 sites of 8,160 rooms collectively. The rest of the EMEAA region overall doesn’t quite match those figures, with 46 hotels comprising 8,044 keys planned – but also representing 39% of the pipeline. The remaining 22%, equivalent to 26 properties and 3,647 rooms, will appear in the Americas.

Immediate inclination

Within the THP database there are 87 Hotel Indigo projects records, representing 15,726 keys altogether.

34 of these will be delivered this year, with a further 20 scheduled for 2024. The opening pace of the sites in our database seems to fall from 2025 onwards, with nine planned for that year and six in 2026. The remaining 18 are either due further in the future or have yet to be designated a delivery date.

Asia ahead

Of our records, 62% (representing 54 sites) are within Asia. In a distant second within our rankings, Europe is anticipated to receive at least another 14 hotels from the brand, with North America next on 10. Africa and Oceania are on four each, with South America on a single site.

China tops the country count by a long way, with at least 41 projects, with the USA a way back on eight, closely followed by the UK on seven. Chinese cities Chengdu and Shenzhen head our city list, with four and three planned hotels, respectively.

Asian additions

Notable Asian additions to look out for include Hotel Indigo Jiayu Ningbo in eastern China. Designed by Ningbo Architectural & Design Institute to have a ‘w’ form, the modern luxury hotel will cover an area of 80,000 sq m. The 200-room property will include a multi-functional conference room and is due for delivery in Q4 this year.

Further south in China, the brand will be opening the 200-key Hotel Indigo Shenzhen Qianhai in Q4 2024.

In Indonesia, Hotel Indigo Bintan Lagoi Beach on Bintan Island will be part of a dual-branded site alongside Holiday Inn. The 120-room hotel will offer a beachfront restaurant, gym, swimming pool and boardroom and is planned to complete in Q4 this year.