Several recently opened Holiday Inn Express properties highlight IHG's continued growth in Canada
TORONTO, July 24, 2018 /CNW/ - IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, today announces that it has crossed the milestone of 100 open Holiday Inn Express® hotels in Canada, with the opening of the Holiday Inn Express & Suites Trois-Rivières in Quebec. Located at 2000 rue des Grands-Marchés in Trois-Rivières, Quebec, the 111-room hotel is owned by Groupe Robin.
On the heels of this 100th hotel milestone are three additional openings for the brand in Canada: Holiday Inn Express & Suites Brantford, Holiday Inn Express & Suites Kelowna - East, and Holiday Inn Express & Suites Moncton. These openings further demonstrate the brand's rapid growth throughout IHG's 56-year history in Canada.
Compared to the industry average, the Holiday Inn Express brand has led the way in terms of its growth rate and footprint in Canada. With 103 open hotels and 24 additional hotels in the development pipeline, Holiday Inn Express properties account for more than 56 per cent of IHG's Canadian portfolio – which is more than double the number of open hotels than the next leading brand in the segment.
Jonathan Lund, Regional Vice President, Canada, IHG, said: "There is a market need for upper-midscale hotels. In 2017 alone, IHG Canada experienced unprecedented growth with 24 new hotels signings – the most we've seen in 10 years. I have no doubt that IHG will continue to extend its leadership position in the midscale segment, offering significant opportunities to Canadian owners."
Holiday Inn Express hotels cater to the rise in value-oriented travelers. In Canada, there are significantly more secondary and tertiary markets (i.e. with a population of less than 100K) than there are metropolitan markets (i.e. with a population of more than 100K+). With 75 per cent of Canada's hotels included in the economy, mid-market, upper-mid-market segments, this explains why hotels like Holiday Inn Express are so relevant and in demand.
Jennifer Gribble, Vice President, Global avid hotels, Mainstream Growth, said: "Reaching the milestone of 100 open Holiday Inn Express hotels is a tremendous achievement for IHG in Canada. Not only does it illustrate the appeal of this iconic brand to developers and domestic travelers alike, but it is a testament to the strength of our owner relationships and our well-established strategy to accelerate growth in the mainstream segment."
From a business perspective, the Holiday Inn Express brand appeals to developers and franchisees because of its smaller-than-average square footage requirement, strong return on investment, scalability, and flexible financing. For leisure and business travelers, the brand offers competitive rates, modern facilities, and dependable services – a hotel that will help them rest and go while staying productive.
IHG has 182 properties with more than 25,000 rooms in Canada, with 46 hotels and more than 5,000 rooms in the development pipeline. The Holiday Inn Express brand is part of IHG's diverse family of brands in nearly 100 countries. The scale and diversity of the IHG family of brands means that its hotels can meet guests' needs whatever the occasion – whether an overnight getaway, a business trip, a family celebration or a once-in-a-lifetime experience. Reservations can be made by calling 1-800-HOLIDAY or by going to www.holidayinnexpress.com.
About the Holiday Inn Express® Brand:
Holiday Inn Express® hotels are modern hotels for value-oriented travelers. Fresh, clean and uncomplicated, Holiday Inn Express hotels offer competitive rates for both business and leisure travelers. Guests Stay Smart® at Holiday Inn Express hotels where they enjoy a complimentary hot Express Start® Breakfast with new healthier offerings and free high-speed Internet access. There are currently 2,618 Holiday Inn Express hotel locations around the globe. For more information about Holiday Inn Express hotels or to book reservations, visit www.holidayinnexpress.com. Find us on Twitter www.twitter.com/hiexpress, Facebook www.Facebook.com/holidayinnexpress and Instagram www.instagram.com/holidayinnexpress.
Notes to Editors:
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®, Holiday Inn Resort®, avid™ hotels, Staybridge Suites® and Candlewood Suites®.
IHG franchises, leases, manages or owns nearly 5,400 hotels and 800,000 guest rooms in almost 100 countries, with more than 1,700 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.
InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales. More than 375,000 people work across IHG's hotels and corporate offices globally.
Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihgplc.com/media and follow us on social media at: www.twitter.com/ihg, www.facebook.com/ihg and www.youtube.com/ihgplc.
SOURCE IHG® (InterContinental Hotels Group)
For further information: Michelle Dias, IHG, [email protected], (416) 886-4873