IHG Signs MDA in Germany

InterContinental Hotels Group has signed its seventh multiple development agreement (MDA) in Germany.

The Holiday Inn Express Karlsruhe – City Park, the first hotel out of a total of five hotels in the agreement, is due to open in mid-2016.

The newly constructed hotel will feature 115 rooms, three multifunctional meeting rooms and ample car parking spaces for guests.

Holiday Inn Express Karlsruhe – City Park will occupy a prime location on Zimmerstrasse at the entrance to the city of Karlsruhe, which is home to the German Federal Constitutional Court, a number of large companies and several research institutions.

The city is well connected to Frankfurt, Munich, Freiburg, Basel and Paris and the hotel is within close proximity to the largest redevelopment being undertaken in the area.

René Schappner, Director of Development for Germany, IHG said, “We’re thrilled to have signed our seventh MDA with Sierra Hotel Management and this growth engine is going to greatly help accelerate our shared development goals for Germany.”

There are currently 221 Holiday Inn Express hotels open in Europe and 39 in the development pipeline.