IHG Hotels & Resorts will debut its Indigo brand in Sweden with a planned property in Stockholm’s Kvarnholmen district.

The hotel is being developed by Kvarnholmen Utveckling (KUAB), a joint venture between Peab and JM.

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It will be leased and run by 1912 Hotels under a franchise deal with IHG.

Hotel Indigo Stockholm – Kvarnholmen is slated to open in 2029 and is planned to feature 232 rooms.

The project includes a restaurant and bar, wellness and leisure areas, 150m² of meeting space and several social zones.

It will also feature a rooftop pool and terrace, spa and gym, as well as an internal atrium with greenery to serve both guests and the local community.

KUAB board representative and Peab Bostad regional manager Johan Gyllberg said: “We are proud to partner with a global hospitality group like IHG Hotels & Resorts on this landmark project and 1912 Hotels as its lease operator.

“Kvarnholmen is undergoing a remarkable transformation, and Hotel Indigo is the ideal brand to bring a distinctive, design-forward hospitality experience to the neighbourhood.”

IHG said the signing reinforces its luxury and lifestyle presence in Northern Europe.

IHG Hotels & Resorts Europe development vice-president Willemijn Geels said: “We are delighted to bring Hotel Indigo to Stockholm, a city that perfectly embodies the brand’s ethos of celebrating neighbourhood culture through design-led hospitality.

“Sweden is a market with strong and growing appeal for international and domestic travellers alike, and this signing reflects our commitment to expanding our portfolio across the Nordics.”

Once operational, Hotel Indigo Stockholm – Kvarnholmen will enhance IHG’s Swedish portfolio, which currently includes voco Stockholm – Kista and Ruby Frida in Stockholm.