IHG Signs Holiday Inn Express in Nicaragua and Honduras

InterContinental Hotels Group has signed two new Holiday Inn Express hotels, one in Managua, Nicaragua and the other in Tegucigalpa, Honduras. Both properties are slated to open in 2014.

Managed by Latin American Hospitality Management S.A., a subsidiary of Grupo AGRISAL, the hotels will be franchised by an affiliate of IHG.

“Managua and Tegucigalpa are excellent examples of emerging cities that support the growth of the Holiday Inn brand family in the region,” said Joel Eisemann, chief development officer, IHG, the Americas. “Both cities are generating great demand for internationally branded hotels, and we are excited to expand the Holiday Inn Express brand in these markets.”

Together, the two Holiday Inn Express hotels will add 220 rooms to IHG’s existing Holiday Inn brand family in the Latin America and the Caribbean region, which currently includes 18 Holiday Inn Express hotels and 24 Holiday Inn hotels.

The 110-room Holiday Inn Express Hotel Managua will be situated in an upscale district of Nicaragua’s capital - close to shops, corporate buildings and restaurants. The seven-story new build will also feature a fitness center, outdoor swimming pool and private parking area.

Sharing similar characteristics, the 110-room, seven-story Holiday Inn Express Hotel Tegucigalpa will be located in one of the Honduran capital city’s most prestigious neighborhoods – just a few blocks away from the Presidential Palace. The hotel is also near various headquarters for national and multinational corporations, shopping centers and government entities.