This move represents the return of the InterContinental Hotels & Resorts brand to the country.
Slated to open in January next year, IHG is working with business partner ANA Hotels, a Romanian-based hotel owner to develop the hotel in Bucharest.
For several years, ANA Hotels has owned and operated IHG’s Crowne Plaza Bucharest.
The hotel building dates back to 1914.
InterContinental Athénée Palace Bucharest will feature 283 guest rooms, with several offering panoramic views of Ateneului Park and the Romanian Athenaeum.
It is located in the heart of the city and close to Palace of the Parliament, and a 40-minute drive from Henri Coandă International Airport.
IHG Hotels & Resorts vice president for development in Europe Willemijn Geels said: “As the world’s first luxury hotel brand, InterContinental Hotels & Resorts has provided guests with memorable luxury hotel experiences for the past 75 years. We are delighted to be partnering with ANA Hotels to bring the InterContinental brand to the heart of Bucharest in 2023.
“InterContinental Athénée Palace Bucharest is the latest in a series of signings by IHG in prime destinations across Europe including InterContinental Resort Crete and Kimpton St. Honoré Paris over the past 12 months. We are looking forward to a year of continued growth in 2022 and to strengthen our commitment in Romania in the years to come.”
Ana Hotels owner George Copos said: “We are delighted to partnering with IHG who share our vision for this exciting project. As we’ve seen in our relationship so far, IHG’s renowned enterprise value capabilities – and especially their desire to offer quality products and services and to do business in a responsible way, which also complements our own values – gives us great confidence for the future.
“InterContinental Athénée Palace Bucharest is an iconic historical building, in a prime location and is an exciting investment upgrade for ANA Hotels’ portfolio, and, in conjunction with our existing partnership within Crowne Plaza Bucharest, we look forward to continuing our long-term collaboration with IHG.”
InterContinental Hotels & Resorts currently has 31 open hotels across Europe. Among the recent signings include InterContinental Resort Crete, InterContinental Resort Amma, Canj – Montenegro and InterContinental Rome Ambasciatori Palace.
InterContinental Athénée Palace Bucharest will feature Roberto’s, a stylish breakfast area and all-day dining space with an outside terrace; Café Athénée for dining; and The English Bar for drinks and cocktails.
Its Diplomat ballroom, with stained-glass roof and intricate panelling, will serve as a venue for large gatherings, such as conferences and weddings. It will also feature , there will be the exquisite. There will be an additional 13 meeting rooms for business use.
It will have a gym, an indoor swimming pool, Jacuzzi, steam room and sauna, plus two treatment rooms and two beauty salons.