01-23-2008, 10:07 AM
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| InterContinental Hotels to Develop Abu Dhabi Properties Quote:
InterContinental Hotels Group (IHG) and ALDAR Properties signed a Development Agreement detailing a strategic partnership between the two companies which will result in the development of a number of new IHG-branded hotels in Abu Dhabi. In addition to the development agreement, three individual management contracts were signed between the parties at a ceremony held in the United Arab Emirates capital on Jan. 13, 2008. The agreement between IHG and ALDAR includes the development of a Crowne Plaza, with 430 rooms and apartments, and Abu Dhabi's first Staybridge Suites hotel, which will have 165 suites providing superb extended stay facilities. Both hotels will be located in the heart of ALDAR's YAS Island development, with close proximity to the F1 racetrack, links golf course and the island's theme parks, including the Ferrari Theme Park, and the Warner Brothers Theme Park.
The hotels will commence development shortly and are scheduled to open in 2009. A contract was also signed relating to the development of a new InterContinental hotel, scheduled to open in 2011 at the Al Dana precinct at ALDAR's Al Raha Beach development. The hotel will include over 300 rooms and suites along with a stunning conference facility. IHG currently has 73 properties and 18,105 rooms across four hotel brands in the Middle East & Africa region. There are a further 37 properties and 9,371 rooms in the development pipeline. Call 800-315-2621 or visit InterContinental Hotels Group Hotel Reservations | The Official Web Site.
| Hotels & Resorts - InterContinental Hotels to Develop Abu Dhabi Properties |
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