IHG Signs Abu Dhabi Development Agreement

15th January 2008 (Last Updated January 15th, 2008 09:20)

Intercontinental Hotels Group (IHG) has signed an agreement with Abu Dhabi property developer Aldar Properties for several new IHG hotels. Aldar will build a 430-room Crowne Plaza and 165-suite Staybridge Suites hotel at the company's Yas Island development. Construction of b

Intercontinental Hotels Group (IHG) has signed an agreement with Abu Dhabi property developer Aldar Properties for several new IHG hotels.

Aldar will build a 430-room Crowne Plaza and 165-suite Staybridge Suites hotel at the company’s Yas Island development.

Construction of both hotels is expected to begin shortly, with both due to open in 2009.

The agreement also covers a new 300-room Intercontinental Hotel at Aldar’s Al Raha Beach development, scheduled to open in 2011.

By staff writer