InterContinental Hotels Group signs management agreement for a new Holiday Inn hotel at the upcoming Deira Islands
InterContinental Hotels Group (IHG) has signed a management agreement for a new Holiday Inn hotel at the upcoming Deira Islands in Dubai.
The signing is aligned with IHG’s strategy to increase its midscale offering in the Middle East, the hotel operator said in a statement.
Expected to open in 2023, the 170-key hotel will open on Deira Islands, comprised of four man-made islands, which will be a mixed-use waterfront development featuring almost six million sq ft of retail space, 3,000 apartments, hotels, a mall, night souk, a large amphitheatre and a marina.
Once completed, the development is set to transform old Dubai into a hub for leisure, tourism and retail.
Holiday Inn Dubai Deira Islands will feature a business centre, three meeting rooms, a gymnasium and outdoor pool plus two dining options.
Pascal Gauvin, managing director, India, Middle East & Africa, IHG said: “This is the sixth signing for our midscale portfolio in the Middle East this year, and we are very pleased with the strong progress we are making in this segment.”
IHG currently operates 92 hotels across seven brands in the Middle East with a further 38 in the development pipeline due to open within the next three to five years.