SPAIN | IHG has signed four new properties to its portfolio in Spain, an addition of almost 500 rooms.
IHG Hotels & Resorts has announced the signing of four new properties in Spain, adding over 500 rooms across key mature markets in desirable destinations. The latest agreements demonstrate owner and guest appetite for brands across each of IHG's Luxury and Lifestyle (Hotel Indigo), Premium (voco hotels), and Essentials (Holiday Inn Express) collections, in what is one of the company's priority growth markets in Europe.
“We are thrilled to expand our presence in Spain with these four outstanding properties in key tourist and business destinations across the country. The addition of over 500 rooms in Spain, alongside the recently announced 1,000 rooms in Portugal, will contribute a 10 percent increase in our room count across Iberia, emphasising our commitment to growth in the region," said Willemijn Geels, Vice President of Development.
"The continued growth in the Spanish market demonstrates the strong demand from owners and investors in our diverse brand portfolio and in IHG, delivering unique experiences and high-quality service to our guests. We look forward to a successful partnership with our Spanish owners, who share our commitment to excellence and delivering true hospitality.”
Alongside IHG’s strong Holiday Inn brand family presence in Spain, underpinned by the continuous confidence of owners in its essentials as a powerhouse brand, the country also has seen great growth in recent years with key openings and brand debuts across IHG’s luxury and lifestyle collection. These properties include Six Senses Ibiza and Kimpton Vividora Barcelona.
IHG currently has 55 hotels operating under eight* brands in the country, including Six Senses, InterContinental, Kimpton, Hotel Indigo, voco, Crowne Plaza, Holiday Inn Express, and Holiday Inn. Over the last five years, the company has opened more than ten hotels in Spain, including Kimpton Vividora, InterContinental Barcelona, Six Senses Ibiza, and Voco Madrid - Retiro. This also includes a strong pipeline of 12 properties, including Staybridge Suites Malaga, which is set to open later this year and mark the brand’s debut in Spain.
In 2022, IHG signed a long-term commercial agreement with award-winning Iberostar Hotels & Resorts, making it the company’s 18th brand and significantly boosting its footprint in resort and all-inclusive hotels. In this high-growth market segment, there is clear demand from guests and IHG One Rewards members.
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