IHG Expands Holiday Inn Express Brand to Peru

InterContinental Hotels Group has expanded its Holiday Inn Express brand to Peru with the signing of two new-build hotels in the country: one in Lima, the Peru’s capital city, and a second in Piura, a strategic business center in the northern part of the country.

Both properties are expected to open in 2019 and will be developed through a joint-venture between Grupo Centenario and Grupo Agrisal.

Grupo Centenario is an 85 year-old publicly-traded Peruvian real estate company, and Grupo Agrisal is one of Central America’s most respected enterprises as well as a key IHG development partner with seven hotels open in the region.

Jorge Apaez, IHG’s Chief Operating Officer, Mexico, Latin America and Caribbean, said, “IHG is extremely pleased to further expand our brands in Peru, a country which has excellent growth opportunities. We are also proud that when Grupo Centenario decided to diversify into the hospitality sector, it chose IHG as its partner. This also represents an expansion of our relationship with Grupo Agrisal, a testament to our long-standing partnership and commitment to our brands’ success in the region.”

The 164-room Holiday Inn Express Lima San Isidro hotel will be located within the municipality of San Isidro, known as the financial center of Lima. It is home to the country’s largest and most important banks and insurance companies, as well as national and international corporations. The property will be near major thoroughfares and less than 30 minutes from the Lima International Airport.

The 120-room Holiday Inn Express Piura hotel will be built within the Plaza de la Luna complex, a major shopping center in Piura, the largest city in northern Peru. The city is located just 40 minutes from Talara, one of the country’s most important ports, and is a 90-minute flight from Lima. 

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