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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

Thursday, July 24


Liliana Modiliani, a well-known Russian stylist, will talk about choosing clothes that fit during her lecture at 7 p.m. at the Pryamoy Efir art club, 13 Viborgskoe Shosse.



Friday, July 25


Discuss Russia’s economic and political prospects for 2014 during a Business Breakfast organized by SPIBA at 9.30 a.m. in the Bank Saint-Petersburg office at 64


Malookhtinsky Prospekt.


Start your weekend with adorable miniature pigs at the Squealing Pig festival at 7 p.m. this evening in the Karl & Friedrich restaurant, 15 Iozhnaya doroga, on Krestovsky Island.



Saturday, July 26


Hundreds of brand-new and retro cars, drag and drift shows, test drives and karting are planned for the Avtobum-2014 festival, which will take place in front of the RIO shopping center at 2 Fuchika Ulitsa.


Participants in today’s SaniDay Summer competition will impress visitors with their hand-made, unusual and hilarious boats, which will race at the Igora Resort near the 54th kilometer on Priozerskoe Shosse.


Metro Family Day will include both serious lectures for adults and master-classes for children, making the event interesting for the whole family. To participate, come to Kirov Park on Yelagin Island.


Photography will be the focus of today’s Photosubbota, which features lectures by famous photographers, meetings with photo schools and studio representatives, and participation in a photography competition. The event starts at noon at Petrokongress, 5 Lodeynopolskaya Ulitsa.


If you like cycling, make sure to visit the Za Velogorod Festival with its retro bike exhibition, market and live music. The second round of the Leningrad Criterium race will also take place during the event at Petrovsky Arsenal in Sestroretsk.



Sunday, July 27


Navy Day will be celebrated with a weapon and military transportation exhibition, self-defense master classes and concerts. The event starts at 1 p.m. in the 300th Anniversary Park of St. Petersburg.



Monday, July 28


Don’t miss a chance to see the latest achievements in robotics during the RoboDom interactive show, exhibiting more than 150 robots. The show will be at BUM center, 22/2 Gzhatskaya Ulitsa, until Aug. 3. The entrance ticket costs 350 rubles ($10).



Tuesday, July 29


A video of a Queen concert from 1986 will be shown today at 8 p.m. in Yaschik, 50/13 Ligovsky Prospekt.



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