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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, Aug. 1


Bikers from all around the world will gather to take part in a parade, extreme shows and rock concerts during the International Biker Festival that revs its engines today and runs through Aug. 3 near Olgino Hotel, 4/2 Primorskogo Shosse.


The Peter and Paul Fortress will be turned into an open-air cinema today and tomorrow as part of the 5th International Short and Animation Film Festival. A huge screen across the fortress walls will air short films non-stop with board games, photo sessions and other activities also on offer for visitors. For more information, visit www.opencinemafest.ru



Saturday, Aug. 2


Gatchina Palace Park Museum will host its second annual Night of Light, an impressive audio-visual show across the night sky. Tickets are 600 rubles ($16).


If graphic design is more your thing then check out Illustration Day, where you will be able to visit an exhibition, attend lectures by professionals and even show experts some of your own work. The event starts at noon at Zona Deystvia, 73 Ligovsky Prospekt. The entrance fee is 350 rubles ($10).



Sunday, Aug. 3


History lovers shouldn’t miss the chance to see reenactments of World War I battles in Pushkin at noon. Besides exciting war scenes, visitors can enjoy live music, historical costumes, an equestrian show and a fancy-dress parade starting from the Moscow gates.


Garage Sale, the popular and growing flea market where nothing is priced over 500 rubles ($14.11), starts today at noon in Loft-Project Etagi, 74 Ligovsky Prospekt. Be sure to get in early to score a bargain. Entry costs 50 rubles ($1.40)



Monday, Aug. 4


Continue the working week with a calm and steady mind with a free yoga lesson at 7 p.m. in the Bukvoyed store at 23A Vladimirsky Prospekt.



Tuesday, Aug. 5


Visit The Romanov Dynasty doll exhibition today, where more than fifty porcelain dolls depicting Russian rulers, and made by Olina Ventzel, will be on show. The exhibition continues through Aug. 31 in Sheremetyev Palace, 34 Fontanka Naberezhnaya.



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