ICH Signs Management Contract for Singapore Hotel

10th November 2010 (Last Updated November 10th, 2010 18:30)

InterContinental Hotels Group has signed a contract with RB Capital Hotels to manage a Holiday Inn Express in Singapore. The SGD$300m ($233m) hotel is expected to open in 2013. RB Capital spent SGD$101.1m ($78m) on the stretch of land where it will develop the hotel.

InterContinental Hotels Group has signed a contract with RB Capital Hotels to manage a Holiday Inn Express in Singapore.

The SGD$300m ($233m) hotel is expected to open in 2013.

RB Capital spent SGD$101.1m ($78m) on the stretch of land where it will develop the hotel.

On completion, the hotel will hold between 400 and 500 rooms and be the largest Holiday Inn Express in South East Asia.