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