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InterContinental Hotels inks multiple deals to open 50 hotels in Europe

InterContinental Hotels Group PLC signed a number of agreements to build over 50 hotels across Europe.

All four projects were signed with long-term partners Tristar, Success Hotel Group, PREM Hospitality and Novum Hospitality.

Two of the deals, signed separately with Tristar and Success Hotel Group, will together deliver up to 40 hotels in Germany, Austria and Switzerland.

A third partnership, with PREM Hospitality, will see the development of 10 to 15 hotels in the region of Belgium and the Netherlands.

The final deal, with Novum Hospitality, will develop a Holiday Inn close to Barcelona, Spain. The new hotel, expected to build by EUROPA-CENTER, will feature more than 200 rooms and is set to open by the end of 2023.

IHG has over 750 hotels in Europe.