IHG Hotels & Resorts has expanded its presence in Europe by reaching development agreement for five hotels with Grape Hospitality.

The new properties include VOCO Madrid Centre Retiro, Crowne Plaza Madrid Centre Retiro and three Hotel Indigo properties Italy, France and Spain.

The 193-key voco Madrid Centre Retiro marks IHG’s first voco hotel in Spain, while the 168-room Crowne Plaza Madrid Centre Retiro will be the second Crowne Plaza property to open in Madrid.

Both these hotels are slated to launch in April 2024.

The three new Hotel Indigo properties includes Hotel Indigo Florence, a 160-room property, which is scheduled to open later this year.

IHG also signed an agreement for Hotel Indigo Bordeaux, its third Hotel Indigo-branded hotel in France.

Based in Bordeaux Chartrons, the 100-room property is set to open in May 2023.

The third Hotel Indigo property, Hotel Indigo Barcelona Gran Via Plaza España, will feature 189 rooms.

Slated to open in April 2024, the hotel will be the second Hotel Indigo to open in Barcelona.

IHG Hotels & Resorts Europe development VP Willemijn Geels said: “We are delighted to be partnering with Grape Hospitality on such a strong collection of hotels across some of our key European markets of Spain, France and Italy.

“This partnership further highlights the strength of IHG’s much-loved brands and reputation, our desire to expand into new locations and our ongoing initiatives to improve the customer journey such as the recently enhanced IHG One Rewards programme.”

Currently, IHG has 40 open hotels under the Hotel Indigo brand in Europe, with another 19 in the pipeline.

Voco and Crowne Plaza have 15 and 88 open hotels, respectively, across Europe.