InterContinental Hotels Group has signing of Holiday Inn Express Stuttgart – Hauptbahnhof in Germany.
The new build hotel will operate under a franchise agreement with existing owner partner Foremost Hospitality HIEX and will open in 2016.
The 140-room hotel will feature a bar and reception area on the ground floor and a breakfast room and a conference room on the first floor.
The hotel will also be providing ample car parking spaces for guests.
Multiple development agreements are proving to be a key factor in IHG’s accelerating growth in Germany with seven such MDAs now in place in the country.
Martin Bowen, associate vice president of development, Germany, IHG said: “Holiday Inn Express Stuttgart – Hauptbahnhof will join Holiday Inn Stuttgart and Holiday Inn Express Stuttgart Airport to become our third hotel in this key city.
“The MDA with Foremost is accelerating our growth together in this priority market.”
IHG’s momentum in Germany is further evidenced by the recent signing of Holiday Inn Express Aachen, a newly constructed property that will operate under a franchise agreement with Success Hotel Management.
This 165-room hotel, also being developed under an MDA, will be the first IHG hotel in Aachen.
The hotel will be located within a complex of buildings called “Blue Gate” next to Aachen rail station and just a ten minute walk from the city centre.
Foremost Hospitality signed a multiple development agreement with IHG in 2007 to develop 20 hotels.
The signing of this hotel marks the 14th hotel in the agreement.
Nine hotels are already open.