Global hotels company InterContinental Hotels Group (IHG) has signed an agreement with RB Capital Group to manage Kuala Lumpur’s first Holiday Inn Express, scheduled to open in 2015.

The new 200-room Holiday Inn Express Bukit Bintang will be built by a subsidiary of RB Capital, Amsterling Hotels.

According to the group, the hotel is the second Holiday Inn Express hotel that RB Capital is building in partnership with IHG and will offer facilities such as a business centre, a gym, a lounge and a bar.

The property has easy access to key business areas and a variety of entertainment options, ranging from cafes and restaurants to shopping malls.

IHG chief executive for Asia, Middle East and Africa (AMEA) Jan Smits said that with a pipeline of over 50 hotels and more than 11,000 rooms in Asia Pacific alone, the Holiday Inn Express brand was growing across the region.

Steady growth in the tourism and hospitality sectors across South East Asia prompted IHG to choose Kuala Lumpur as a strong market, according to a company statement.

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RB Capital is also building Holiday Inn Express Clarke Quay in Singapore, which is expected open in the first quarter of 2013 and will be the largest Holiday Inn Express in South East Asia.

There are 2,103 Holiday Inn Express hotels operating across the world at present, with nearly 470 hotels under development.

The brand is expanding its 31-strong portfolio in Asia Pacific, and plans to open new hotels in Singapore, India, Thailand and Indonesia within the next few years.

The first Holiday Inn Express in South East Asia is set to open in Bangkok in 2013.