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IHG Sets Sights on Hotel Expansion in Russia

Published: April 10, 2014 (Issue # 1805)



  • Outside the new Hotel Indigo in St. Petersburg.
    Photo: ihg.com

InterContinental Hotels Group, or IHG, have plans to open 70 hotels across Russia by 2020, Aron Libinson, Vice President of Strategic Development Russia and CIS, told reporters in St. Petersburg Tuesday, reported Interfax Wednesday.

The company will focus on opening its luxury brand hotels in large cities, while its Holiday Inn Express and lower cost brands will open in smaller regions, he said.

On Monday, the company unveiled its new hotel in St. Petersburg - Hotel Indigo. Located on Ulitsa Tchaikovskogo, it's the first of its brand to open in Eastern Europe and Russia. With a room capacity of 119, the hotel is estimated to has cost $1.5 billion.

According to Libinson, IHG have plans to open another Holiday Inn and Crowne Plaza in the city during 2015-16.

Libinson also noted that opening hotels in Crimea is also a possibility depending on investors and tourists numbers, reported Interfax.

IHG currently franchises, leases, manages or owns nine hotel brands including InterContinental Hotels and Resorts, Hotel Indigo, Crowne Plaza Hotels and Resorts, Holiday Inn Hotels and Resorts, Holiday Inn Express, Staybridge Suites, Candlewood Suites, EVEN Hotels and HUALUXE Hotels and Resorts.

Over the next few years, IHG plan to open 1,100 hotels worldwide.





 


ALL ABOUT TOWN

Friday, Nov. 28


Join table-top game aficionados at the British Book Center’s Board Game Evening. Held every Friday at 5 p.m., aficionados and amateurs alike can come take part in a variety of different games that test one’s intellect and cunning.



Saturday, Nov. 29


Cats, dogs, birds, rodents and reptiles are just some of the things that will walk and crawl at Lenexpo convention center this weekend as part of Zooshow, a two-day exhibition featuring not only man’s best friends but a four-legged fashion show, as well as a food fair that will help pet owners find out more about which kibbles are best for their hungry pets.



Sunday, Nov. 30


Remember the 75th anniversary of the beginning of the Russo-Finnish war in 1939 during today’s reenactment titled “Winter War: How it Was.” More than 200 people will take part in recreating the opening salvoes of the battle for the north in Kamenka, a small village situated between Vyborg and St. Petersburg, using authentic equipment and vintage vehicles from the era. The faux battle begins at 2 p.m.



Monday, Dec. 1


Serbia filmmaker Emir Kusturica is the featured guest this evening at the Lensovet Palace of Culture the Petrograd Side. Fans of the director will get the chance to watch his movie “Black Cat, White Cat,” as well as ask questions about his award-winning filmography. Tickets for the event, which starts at 7 p.m., start at 2,000 rubles ($42.50).



Tuesday, Dec. 2


Today is the final day of “Takoy Festival,” a three-week program of plays based on the works of Dostoevsky, Remarque and other famed European writers, whose work is transcribed for theatrical performances. Tonight’s festival finale is “Fathers and Sons,” a two-act drama staged by the Novosibirsk Academic Drama Theater based on Turgenev’s classic about familial relations.



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