According to the news from IHG, the hotel is designed to blend in with the inspiring cultural, and somewhat garish quarter of this city of light. Artwork to the Hotel Indigo’s menus, these properties are designed to reflect the local neighborhood.
Just last week IHG announced having reached its seventh multiple development agreement (MDA) in Germany with existing owner partner Sierra Hotel Management Ltd. The initial property, Holiday Inn Express® Karlsruhe – City Park, being due to open in mid-2016.
Other IHG announcements this month tell of expansion developments from Ethiopia to Mexico and elsewhere. It seems clear the hotel group is still bent on investments in the future rather than immediate returns to stockholder as announced back in February of this year.