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IHG opens doors to London 2012

IHG opens doors to London 2012

InterContinental Hotels Group (IHG) has announced the opening of two new generation properties, Holiday Inn London  Stratford City and Staybridge Suites London Stratford City, at the heart of Europe’s largest shopping centre, Westfield Stratford City.

The two hotels are owned by a Joint Venture between Cycas Hotel Partners and Patron Capital. The hotels are operated by Cycas Hospitality under a franchise agreement with IHG. Located in a single building in Chestnut Plaza next to the London 2012 Olympic Park, the hotels benefit from excellent transport links nearby including Stratford International Rail Station, Underground and DLR.

Visitors will be able to experience the area that will play host to the London 2012 Olympic and Paralympic Games from both hotels, which are ideally situated for business or leisure guests. Direct access to the Westfield Shopping Centre and fast Tube and DLR links to central London and Canary Wharf will ensure guests are within easy reach of the many attractions of the West End, The City, palaces and museums.

Angela Brav, IHG Chief Executive Europe, said: “A big focus for the London 2012 Olympic and Paralympic Games is the regeneration of East London.  The hotels will help to create that legacy, with 120 new jobs created.  The opening of these two new hotels also sees IHG pass a significant milestone, we now have over 40,000 hotel rooms in the UK.”

John Wagner, Cycas Capital BV said, “Holiday Inn London Stratford City and Staybridge Suites London Stratford City will be situated in one of London’s most important new developments at Westfield Stratford City. This new location is at the heart of one of the world’s premier sporting and retail areas and the two hotels will offer choice for both business and leisure guests before, during and beyond the London 2012 Olympic and Paralympic Games.”

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