IHG inks first Marseilles deal

28th Jun 2007

InterContinental has announced an agreement with one of the
leading European investment funds and real estate developers, AXA REIM,
to open the first InterContinental hotel in Marseilles, France.The hotel will open in early 2011 after an extensive renovation and
restoration. This will be the third property for the InterContinental
brand in France adding to the iconic hotels—the InterContinental
Paris Le Grand H™tel and the InterContinental Carlton Cannes.

The InterContinental Marseilles will be situated in the heart of the
historical centre with easy access to the historic Old Port and marina
with its many restaurants and bars. It will be located on the site of
the original H™tel-Dieu, a building dating back to the 18^th Century,
listed in ‘Marseilles’ Inventory of Additional National Heritage Sites’
and an integral part of the city’s rich history and heritage.


Positioned as the gateway to the world-renowned region of Provence and
the magical Mediterranean, the InterContinental Marseilles will be the
first luxury hotel in the city. The hotel will feature 191 rooms, spa
and fitness centre, two restaurants, fully-equipped conference space and
a Club InterContinental Lounge. The building will also include 70—80
residential apartments.



IHG will collaborate with AXA REIM to transform the existing building
into one of Europe’s finest hotels and to further establish the
InterContinental Brand as a benchmark of quality and luxury in Europe
and around the world.


Jennifer Fox, Chief Operating Officer, InterContinental Hotels &
Resorts, Europe, commented:  “This is an iconic, brand defining project
for us; France is an extremely important destination for
InterContinental Hotels & Resorts and we are absolutely delighted we
have managed to secure such a great location to further our brand
presence in the country. This is an opportunity that rarely emerges and
we are absolutely committed to creating and establishing a fabulous,
high-end urban resort.”



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