IHG Hotels & Resorts has released an update on its recent development momentum and growth across the Americas region and beyond. Last year, the company signed 437 hotels (68,870 rooms) and opened nearly 300 properties (44,000 rooms). The development pipeline included 1,800 hotels representing 271,000 rooms; more than 40% are under construction.
“IHG is investing in a portfolio that offers guests exceptional quality and experiences and strong owner returns,” said Elie Maalouf, CEO, Americas. “We continue to see great confidence in our established brands and reached new growth milestones for our newest brands: avid hotels, Atwell Suites and voco hotels. As travel returns, together with our owners, we are confident about future growth opportunities and the trust our guests feel for our 17 new and iconic brands—from essentials and suites to luxury and lifestyle.”
Key milestones and momentum across the portfolio:
Essentials
- Holiday Inn Express: IHG’s growth engine surpassed 3,000 hotels with 645 more in the pipeline; 2022 openings include a key downtown Washington, DC destination
- Holiday Inn: 2022 will see investment in exciting renovations featuring next-generation brand designs such as Portland, OR; key openings include a South Padre Island, TX, resort and a dual-branded property in Chicago
- avid hotels: IHG’s fast-growing brand now has 50-plus properties open, with more openings to come in 2022 including in Chicago and a debut in Canada; 105 hotels are under construction/in progress
Suites
- Atwell Suites: IHG’s new all-suites brand will open its first two properties this spring—the first in Miami’s Brickell neighborhood and the second in Denver—and has more than 20 in the pipeline (the brand’s front desk and lobby pictured above)
- Candlewood Suites: new, contemporary and lower cost-to-build prototype designs are open or committed across 170-plus properties; 93 hotels in the pipeline, including two openings in metro Atlanta in 2022
- Staybridge Suites: 34,000-plus open rooms, with openings last year in Nashville and Dubai; 156 hotels in pipeline, including Long Island City, NY
Premium
- voco Hotels & Resorts: fastest growing global brand in IHG history; strong U.S. pipeline inclusive of Chicago; Olympia, WA; Sarasota, FL; and a third-property in New York City; 31 open hotels with 38 in pipeline, including Venice, Sydney and Edinburgh
- Crowne Plaza Hotels & Resorts: newly opened properties in the U.S. including Kearney, NE, and Norcross, GA; 96 in the pipeline, including properties in Phu Quoc, Vietnam; Cairo; and Budapest, Hungary
- EVEN Hotels: nearly 3,000 open rooms and 30 hotels in the pipeline; a Belgrade, MT, property is expected to open in 2022 near Yellowstone National Park
Luxury & lifestyle
- Six Senses Hotels Resorts Spas: in active discussions for desirable U.S. destinations such as California wine country, the Rocky Mountains and neighboring national parks; 21 open hotels and 33 in the pipeline, with openings slated in Brazil and Ibiza
- InterContinental Hotels: 23 signings globally in 2021, including InterContinental Grenada Resort, San Antonio, and a first in the Pacific Northwest with Seattle/Bellevue; 10 properties expected to debut in 2022 including a Rome opening
- Vignette Collection: six hotels signed since August 2021 launch, including the first opening in Brisbane, Australia, and upcoming pipeline including the Grand Hotel in Vienna and a golf resort in the Algarve, Portugal; active discussions globally including within the U.S. and Americas
- Kimpton Hotels & Restaurants: continuing growth around the world with properties in Midtown Atlanta, Roatán and Mexico City; recent signings include Raleigh, NC, and Roswell, GA
- Hotel Indigo: 24 openings expected in 2022, including three neighborhood-inspired boutique hotels in New York City; the brand is on track to double its estate over three-five years