IHG to launch 8 new hotels in Russia, CIS, and Georgia [Construction report]
The lobby of Crowne Plaza Moscow – Park Huaming, one of the new hotels
InterContinental Hotels Group continues to make strides in the greater Russia region, recently opening 3 new hotels with 5 more set to debut in the coming months
InterContinental Hotels Group (IHG) is continuing its expansion strategy in Russia, the Commonwealth of Independent States (CIS), and Georgia, by recently opening three new hotels there, with five more set to open in the months to come.
These hotels are a clear illustration of the hotel company’s commitment to the region. Furthermore, IHG has another 18 hotels currently in its development pipeline.
To recap, in 2019 IHG has opened the Crowne Plaza UFA — Congress Hotel and the Holiday Inn Express Moscow — Baumanskaya. The company’s focus, however, also extends past that region, for example into the Armenian market, where it opened the Holiday Inn Express Yerevan in February.
2019 a busy year
If that weren’t enough for IHG, all signs point to the momentum continuing throughout the year as a new Crowne Plaza has been signed in Krasnodar, which is set to convert and open soon.
That new signing joins a list which already includes Holiday Inn Perm, Crowne Plaza Moscow — Park Huaming, Holiday Inn Aktau-Seaside (Kazakhstan) and Holiday Inn Telavi in Georgia, which are all set to make their debuts at various times during 2019.
“We are seeing strong growth in Russia, CIS and Georgia, as we successfully implement our strategy,” said Aron Libinson, Vice President Operations and Development, Russia, CIS and Georgia, IHG in a statement.
“Growth in the region has been fuelled by a number of factors, including an increase in domestic travel, growth in tourism from visa-free countries and demand from European travellers who are attracted by new travel experiences and lower costs. Our outlook for Russia, CIS and Georgia is long-term. We have expanded our local office in Moscow and are acting to ensure we provide options from across our brand portfolio to meet the demand from a range of consumer needs – whether it is business or leisure travel,” it said further in the statement.
IHG plans in the region
Meanwhile, throughout the Russia, CIS, and Georgia, IHG had a total of 33 operational hotels under six brands as of the end of 2018.
From here on out, it will be very interesting to watch how the company’s expansion strategy continues to unfold throughout 2019.
Let’s take a look at a few other projects currently underway by IHG:
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