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IHG inks management agreement to bring InterContinental brand to Colombo
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Saturday, 04 August, 2018, 08 : 00 AM [IST]
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Colombo
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InterContinental Hotels Group (IHG), one of world’s leading hotel companies, has signed a management agreement with Pearl Grand Tower Hotel (Private) Limited, to bring back the InterContinental brand to Colombo. The development will mark the brand’s homecoming in Sri Lanka. Due to open in 2019, InterContinental Colombo will be spread across 4,80,000sq ft and have six dining options, including an all-day dining restaurant and three specialty restaurants.
On the occasion, Sudeep Jain, vice-president, development, South-West Asia, IHG commented, “We are excited to introduce our global luxury brand InterContinental Hotels and Resorts to the beautiful island country, Sri Lanka, in partnership with the esteemed Pearl Grand Tower Hotel (Private) Limited. This move is in line with our strategy to grow IHG’s footprint across South-West Asia, and expand the presence of the InterContinental brand in key cities and resort destinations in the region.”
“With a great location, coupled with best-in-class amenities and a high level of service that the brand is associated with, we are confident of offering the finest luxury experiences to our guests, when we open our doors in 2019,” he added.
A L M Faris, chairman, Pearl Grand Tower Hotel, said, “We are delighted to be partnering with a leading global hospitality company such as IHG for our upcoming project. The InterContinental brand is known worldwide for offering bespoke and unique luxury experiences to the guests, and we are thrilled to be bringing the brand to the country, to cater to the discerning local, domestic and international travellers visiting Colombo, for leisure or for business.”
Colombo is a key gateway city in Sri Lanka and is well connected with other parts of the country via air, road, and rail. A majority of Sri Lankan corporations and multi-national corporations (MNCs) have their head offices in Colombo, positioning it as the economic and financial hub of the country. With its rich colonial heritage and various cultural landmarks, the city is also a popular tourist destination.
IHG currently has 32 hotels operating across four brands in South-West Asia, including InterContinental Hotels and Resorts, Crowne Plaza, Holiday Inn and Holiday Inn Express, with a further 48 in the development pipeline.
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