InterContinental Hotels Group (IHG) is continuing its regional expansion in Honduras with the opening of its fifth property in the country, a Holiday Inn Express hotel in Tegucigalpa.

Owned and managed by Latin American Hospitality Management, the 108-room hotel is also the second IHG property in Tegucigalpa, following the debut of the Real InterContinental Tegucigalpa.

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Located in the city’s new financial district, Plaza San Rafael, the new property is in close proximity to country’s major financial institutions, including BAC Honduras, Banco Davivienda and BCIE (Central American Bank for Economic Integration).

It features a 24hr fitness centre, an outdoor pool, a business centre, and Great Room lounge area.

"Bringing the Holiday Inn Express brand to Tegucigalpa aligns with IHG’s growth strategy of expanding in key cities around the globe."

IHG Latin America and Caribbean, Americas chief operating officer Alvaro Diago said: "Bringing the Holiday Inn Express brand to Tegucigalpa aligns with IHG’s growth strategy of expanding in key cities around the globe. Tegucigalpa is the capital and the most populous city in Honduras."

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IHG Mexico, Latin America and Caribbean distribution and commercial marketing regional vice president Gerardo Murray said: "We are thrilled to expand the Holiday Inn Express brand in Honduras, as it’s ideal for meeting the needs of the country’s growing demand for hotel accommodations for business travellers."

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Presently, there are more than 2,200 Holiday Inn Express hotel locations worldwide.