InterContinental Hotels Group has signed a deal
with the Thai conglomerate TCC (Thai Chareon Corporation) to
convert and rebrand four existing hotels, which adds nearly 1,500
rooms to IHG’s Asia Pacific portfolio.
The hotels are located in Australia,
China and Japan, and will carry the InterContinental
Hotels & Resorts, Crowne Plaza Hotels & Resorts, and
Holiday Inn Hotels and Resorts brands.
“We are confident that the four properties added to our
portfolio will do well operating under the various IHG
brands. We look to IHG’s management experience, brand
portfolio and commitment to the hospitality industry in
Asia Pacific to ensure the success of our partnership,”
said Khun Charoen Sirivadhanabhakdi, founder and
chairman of TCC.
TCC’s businesses cover
various sectors including beverages, property,
industrial trading and consumer products and agro related
business as well as insurance and leasing. Presently,
TCC is the owner of InterContinental Singapore. With
this new agreement, TCC will have a total of five IHG
properties in its portfolio.
Additionally, TCC and IHG will finalise a strategic
cooperation agreement for future management
opportunities in Asia Pacific.
The four hotels in the agreement comprise:
InterContinental Adelaide – conversion from the Hyatt
Adelaide. This 367-room property is ideally located in
the Adelaide Central Business District. It is adjacent
to the Adelaide Convention Centre, the Adelaide Casino
and the Adelaide Festival Centre. Refurbishment works
are planned for the property.
ANA Crowne Plaza
Kobe – currently a franchised Crowne Plaza hotel, the
592-room property will join IHG’s Japan managed hotel
Crowne Plaza Kunming City Centre –
conversion from the current Banks Hotel. The 285-room
property is only 15 minutes away from the Kunming
Airport and enjoys a city-centre location. An extensive
scope of works is planned for the property.
Holiday Inn Kunming City Centre – conversion from the
current Sakura Kunming Hotel. This property has 235
rooms and will undergo major works prior to branding as
a Holiday Inn. The hotel is located in the city’s
financial and commercial district.
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