Brisbane's first Holiday Inn Express hotel to be built in Spring Hill
A new franchise agreement will see a 226 room Holiday Inn Express hotel built in Brisbane's Spring Hill.
The first Holiday Inn Express property in Brisbane, the hotel is the second in the 15-strong portfolio of Holiday Inn Express hotels developed by Pro Invest under a $150 million fund. Their first Holiday Inn Express hotel will open next year at Macquarie Park in North Ryde, Sydney.
Situated close to Brisbane CBD's "Golden Triangle", the Holiday Inn Express hotel will be accessible form Brisbane airport, catering to corporate visitors and holidayers.
The Brisbane Holiday Inn Express will have two meeting rooms, on-site parking and a breakfast area dubbed "The Great Room".
Matthew Tripolone is head of development for the InterContinental Hotels Group's (IHG) Australasian division, which signed the deal with Pro Invest. He said the Holiday Inn Express brand is one of the group's fastest growing brands.
“The development of the new Holiday Inn Express in Brisbane is a significant milestone for IHG as it marks our return to the city with the entry of our largest and one of our fastest growing brands into the market," said Tripolone.
"As the third most populous city in Australia, Brisbane has immense growth potential as it sees steady increase in the number of domestic and international travellers. This hotel will cater to the growing demand for hotel accommodation in the Spring Hill district, offering a great guest experience to smart, savvy travellers regardless of whether they are visiting for business or leisure.”
Pri-Invest Group chief executive Ronald Barrott said the group sees "a lot of potential for the brand in Australia", following previous international Holiday Inn Express projects.
"With the construction of our Macquarie Park property commencing in the coming weeks and this second property now signed, we are on track to developing the 15 hotels under our partnership as we actively scour the country for strategic locations to expand the presence of Holiday Inn Express."
In Australia, IHG operates under three brands: InterContinental Hotels and Resorts, Crowne Plaza and Holiday Inn. The group has 27 hotels operating nationally.