InterContinental Hotels Group expands hotel portfolio in Middle East
InterContinental Hotels Group will begin another new phase of expansion in the New Year to reinforce the company's position in the Middle East.
In addition to three new hotels opening next year in Egypt and three more also under development, the company is looking towards a number of other new projects at city and resorts destinations across the region.
The first of the new hotels, the 452-room InterContinental Abu Soma Resort Red Sea, will open its doors to guests on Egypt's Red Sea Riviera in April next year. Within three months the 792-room InterContinental Heliopolis Cairo will become Egypt's fifth InterContinental property when it opens as part of Citystars Heliopolis Cairo, a $600 million development combining shopping, entertainment, office and residential facilities in the Egyptian capital.
Towards the end of next year, a 176-room Holiday Inn Resort will open at Taba in Egypt, giving InterContinental Hotels Group a total of 65 InterContinental, Crowne Plaza and Holiday Inn hotels under management in the Middle East.
A new InterContinental hotel at Aqaba in Jordan and another Holiday Inn property at Heliopolis in Cairo are on schedule to open in 2005, and early the following year the Holiday Inn Resort Dead Sea will open in Jordan.
Currently in the Middle East, InterContinental Hotels Group manages 33 properties in Saudi Arabia, Egypt, the United Arab Emirates (UAE), Lebanon, Oman, Bahrain, Jordan and Qatar. There are ten Crowne Plaza hotels in the region and Saudi Arabia has nine Holiday Inn hotels out of a total of 18 in the Middle East. The others are found in Egypt, Oman, the UAE, Lebanon, Jordan and Yemen. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
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