InterContinental Hotels Group has entered into its seventh multiple development agreement in Germany with existing owner partner Sierra Hotel Management.
The first property already signed under the agreement is Holiday Inn Express Karlsruhe – City Park, which is to be opened in mid-2016.
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It is also the first out of a total of five hotels in the agreement.
It will occupy a prime location on Zimmerstrasse at the entrance to the city of Karlsruhe, which is home to the German Federal Constitutional Court.
The newly constructed hotel will feature 115 rooms, three multifunctional meeting rooms and ample car parking spaces for guests.
Sierra Hotel chief executive Uwe Aschke said: "Holiday Inn Express is a strong hotel brand with fantastic growth potential in Germany.
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By GlobalData"The new Holiday Inn Express in Karlsruhe is a significant milestone in the company’s growth strategy."
Launched in 1991, the Holiday Inn Express brand is part of the Holiday Inn portfolio of brands. There are currently 221 Holiday Inn Express hotels in Europe, with 39 hotels in the development pipeline.
