ADVERTISEMENT
  • News
  • New York
  • Technology
  • Culture
  • Entertainment
  • Sport
  • More
    • Politics
    • Lifestyle
    • TV
    • Games
Tuesday, June 24, 2025
  • Login
No Result
View All Result
NEWSLETTER
FINCHANNEL
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE
No Result
View All Result
FINCHANNEL
No Result
View All Result
Home Travel News

IHG expands presence in Eastern Europe as growth strategy within the region reaps rewards

The FINANCIAL by The FINANCIAL
September 6, 2016
in Travel News
Reading Time: 3 mins read
7
A A
0
Japan’s first world-class luxury onsen resort to open in Beppu by 2019
Share on FacebookShare on Twitter

The FINANCIAL — InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has announced it is set to open four new hotels across Eastern Europe in the next few months, with a further 46 confirmed as being in the pipeline.

The figures are a reflection of the hotel group’s expansion strategy in the region at work, according to IHG.

The emergence of a new breed of traveller looking for diverse experiences has given rise to the region overtaking its Western counterparts. While Western Europe may be home to the most visited countries, Eastern Europe saw the fastest growth in 2015: 

RelatedPosts

CityBlue Hotels opens its first Beach Property in Kenya

MArriott International Announces Plans to Add More Than 50 Properties and Over 9,000 Rooms to Africa Net

Is Travel Insurance Mandatory for Thailand? Know Now!

Xinjiang reports over 44 million tourist visits in Q1

Figures from the World Economic Forum show that Romania, Slovakia and the Czech Republic have seen the biggest rise in tourist numbers with a more than 10% increase in visitors since 20142

In turn, the Balkans have benefited from European Union (EU) funding for regional projects. To foster co-operation between different regions. Priority areas of funding include a project for promoting tourism in the Lower Danube Region shared by Romania and Bulgaria 

According to the Office for National Statistics3, since 2011, the number of visits made by British travellers to Romania has increased by 150%, with British tourists spending £243 million in Romania last year alone 

The top source market for the Balkan regions are mainly neighbouring countries Hungary and Germany but new growth in other source markets include British and Russian tourists seeking a cheap beach alternatives to Egypt and Tunisia  

There is a strong appetite for branded properties across the region and hotels are viewed as a viable asset class, attracting external investment and local government support for development.

Robert Shepherd, Chief Development Officer, Europe, IHG, commented: “The success of our strategy in Eastern Europe has been fuelled by growing domestic travel, tourism from visa free countries including China, South Korea, India; as well as sustainable level of demand from our customers in Western Europe who are attracted by new travel experiences and low costs. Our outlook for the region is long-term. We are acting in order to ensure we provide options from across our brand portfolio to meet the demand from a range of consumer needs.”

See also  Is Travel Insurance Mandatory for Thailand? Know Now!

The growth of IHG’s hotels will be primarily driven by its midscale brands, Holiday Inn and Holiday Inn Express,  in cities across Eastern Europe, however its fastest growing segment, boutique, will also benefit from continued growth in the region. The first wave of openings sees four new properties arriving this year in key locations that reflect customer demand for hotel options in key cultural and business districts. 

The new openings are:

Hotel Indigo Krakow – Old Town, Poland, (September 2016)

A stone’s throw away from Old Kleparz Market, Florianska’s shops and the vibrant nightlife of the Kazimierz district, every element of the hotel draws inspiration from local culture. Artwork is inspired by painters old and new, design takes on a contemporary Polish style and restaurant Filipa 18 serves traditional dishes created from locally sourced ingredients, and stocks and extensive range of Polish vodkas.

Holiday Inn Dabrowa Gornicza, Poland (August 2016)

Conveniently located in the heart of the Silesian Region, the hotel boasts 160 air-conditioned rooms, as well as free WiFi, a mini-gym and meeting facilities, making it ideal for leisure and business travellers. Zaglebie Smaku restaurant serves delicious local and international dishes, and at the 9th-floor Reden Panorama Bar guests will enjoy bespoke cocktails. 

Staybridge Suites Baku, Azerbaijan (September 2016) 

Centrally located, guests can experience the authentic city of Baku, as well as the many museums, restaurants, shops and music venues. The 119 room property acts as a home away from home, with a bright, welcoming lobby, free Wi-Fi and parking, and a fully-equipped fitness centre. Guests can unwind in the lounge or head to their smart Studio or Suite. 

Holiday Inn Plovdiv, Bulgaria (October, 2016) 

The property combines comfort with outstanding service. Easily accessible to key parts of the city, the hotel has an Open Lobby design, with all public areas overlapping each other, creating a friendly and welcoming atmosphere. Etéreo restaurant offers all-day dining over a glass of fine Bulgarian wine. 

These upcoming hotel openings will join existing properties across the region across the following brands: InterContinental® Hotels and Resorts, Crowne Plaza®, Holiday Inn, Holiday Inn Express, Hotel Indigo and Staybridge Suites.

 

Related Posts

CityBlue Hotels opens its first Beach Property in Kenya
Travel Biz

CityBlue Hotels opens its first Beach Property in Kenya

by The FINANCIAL
June 19, 2025
0

CityBlue Hotels, Africa’s fastest-growing local hotel chain, today announced the unveiling of Kilua Residences by CityBlue in Mombasa, Kenya. This...

Read more
Marriott launches week of wonders

MArriott International Announces Plans to Add More Than 50 Properties and Over 9,000 Rooms to Africa Net

June 19, 2025
Thailand Expected to Post 4.1% Growth in 2018

Is Travel Insurance Mandatory for Thailand? Know Now!

May 29, 2025
Xinjiang reports over 44 million tourist visits in Q1

Xinjiang reports over 44 million tourist visits in Q1

April 29, 2025

Discussion about this post

  • Trending
  • Comments
  • Latest
Teaching porn literacy

A sizable percentage of internet porn users, roughly 40% are women

January 17, 2024
EasyJet to fly to London from Stockholm Arlanda

The London Diplomatic List, Addresses, Contacts & Working Hours

January 23, 2023
Ampersand wins £22m five-year contract at London Zoo

Ampersand wins £22m five-year contract at London Zoo

June 25, 2012
Matthew H. Fleeger Drives Strategic Growth at Gulf Coast Western Through Technology Integration

Matthew H. Fleeger Drives Strategic Growth at Gulf Coast Western Through Technology Integration

June 19, 2025
Teaching porn literacy

Teaching porn literacy

January 17, 2024
Charged With Retail Theft? What to Know Before Court

Charged With Retail Theft? What to Know Before Court

June 24, 2025
Jewish General Hospital, Montreal is the first hospitals in the world to fully implement EIAS across all surgical disciplines

Jewish General Hospital, Montreal is the first hospitals in the world to fully implement EIAS across all surgical disciplines

June 24, 2025
Survey: Majority of CFOs prioritizing ESG investment

The CFO’s Five Hidden Cyber-Cost Centers (and How to Shrink Them)

June 24, 2025
President of Ukraine. Stop Russia

Ukrainian President to make first visit to Council of Europe in Strasbourg amid escalating war in Ukraine

June 23, 2025
Energy Management in Facilities: Tools for Calculating Efficiency

Energy Management in Facilities: Tools for Calculating Efficiency

June 23, 2025
ADVERTISEMENT

Popular Last 24h

  • Ampersand wins £22m five-year contract at London Zoo

    Ampersand wins £22m five-year contract at London Zoo

    3732 shares
    Share 1493 Tweet 933
  • A sizable percentage of internet porn users, roughly 40% are women

    334 shares
    Share 134 Tweet 84
  • Leon Botstein’s Five-Decade Transformation at Bard College

    357 shares
    Share 143 Tweet 89
  • Osman Gunes Cizmeci on Apple’s Liquid Glass: Beautiful, But at What Cost?

    25 shares
    Share 10 Tweet 6
  • Teaching porn literacy

    164 shares
    Share 66 Tweet 41
  • Levi Pettit Launches Dornick Wealth Management With a Personalized Approach to Client Relationships

    22 shares
    Share 9 Tweet 6
  • Ukrainian President to make first visit to Council of Europe in Strasbourg amid escalating war in Ukraine

    19 shares
    Share 8 Tweet 5

LATEST POSTS

Charged With Retail Theft? What to Know Before Court

Charged With Retail Theft? What to Know Before Court

June 24, 2025
Jewish General Hospital, Montreal is the first hospitals in the world to fully implement EIAS across all surgical disciplines

Jewish General Hospital, Montreal is the first hospitals in the world to fully implement EIAS across all surgical disciplines

June 24, 2025
Survey: Majority of CFOs prioritizing ESG investment

The CFO’s Five Hidden Cyber-Cost Centers (and How to Shrink Them)

June 24, 2025
President of Ukraine. Stop Russia

Ukrainian President to make first visit to Council of Europe in Strasbourg amid escalating war in Ukraine

June 23, 2025
Energy Management in Facilities: Tools for Calculating Efficiency

Energy Management in Facilities: Tools for Calculating Efficiency

June 23, 2025
Levi Pettit Launches Dornick Wealth Management With a Personalized Approach to Client Relationships

Levi Pettit Launches Dornick Wealth Management With a Personalized Approach to Client Relationships

June 23, 2025
Osman Gunes Cizmeci on Apple’s Liquid Glass: Beautiful, But at What Cost?

Osman Gunes Cizmeci on Apple’s Liquid Glass: Beautiful, But at What Cost?

June 23, 2025
In the U.S. and abroad, more young adults are living with their parents

Why More Adults Are Reconsidering Old Habits in 2025

June 23, 2025
CityBlue Hotels opens its first Beach Property in Kenya

CityBlue Hotels opens its first Beach Property in Kenya

June 19, 2025
65% of Europeans see EU membership as a good thing, the highest result since 2007 

The Enchantment of Ukrainian Women and Building Bridges through Luludate

June 19, 2025

LATESTBUSINESS

Valor Hospitality Partners announces two significant deals in West Africa,

Valor Hospitality Partners announces two significant deals in West Africa,

by The FINANCIAL
June 19, 2025
0

Markets will drop quickly if US enters Israel-Iran conflict: deVere CEO

Markets will drop quickly if US enters Israel-Iran conflict: deVere CEO

by The FINANCIAL
June 19, 2025
0

Matthew H. Fleeger Drives Strategic Growth at Gulf Coast Western Through Technology Integration

Matthew H. Fleeger Drives Strategic Growth at Gulf Coast Western Through Technology Integration

by The FINANCIAL
June 19, 2025
0

Iconiq 777 Hosts Pathways to Apprenticeship Awards Ceremony in Newark

Iconiq 777 Hosts Pathways to Apprenticeship Awards Ceremony in Newark

by The FINANCIAL
June 17, 2025
0

Tips for Remodeling on a Budget

Tips for Remodeling on a Budget

by The FINANCIAL
June 17, 2025
0

 ‘Why Did My Car Insurance Go Up for No Reason?’

Insurers boost private assets allocations as capital increases

by The FINANCIAL
June 17, 2025
0

Elite Lauches in Lebanon

U.S. Counts 1,873 Listed Billion-Dollar Companies, More Than the Next Eight Economies Combined

by The FINANCIAL
June 17, 2025
0

7 Digital Marketing Techniques for Business Owners in 2020

Lockton Surprasses $4 Billion in FY2025 revenue

by The FINANCIAL
June 16, 2025
0

GET IN TOUCH

Submit guest post/Letters to the Editor:

editor (at) finchannel.com

Sales & Marketing: (+995 558) 03 03 03 Email: marketing (at) finchannel.com

Whatsup: (+995 599) 96 52 52

Georgia:

(+995 599) 96 52 52 Email: editor (@) finchannel.com

Postal address: 17 Mtskheta str. Tbilisi, Georgia 0179 The FINANCIAL

RESOURCE

  • Work at the FINANCIAL
  • ePaper
  • Advertise in The FINANCIAL
  • Access ePaper
  • Guest posts
  • Contributed articles
  • AmericanStockNews
  • Coupon Codes
  • GLOSSY MAG
American Culture Center
ACC Partner

GUIDEBOOK

  • Meet our team
  • Invest in Georgia
  • Become contributor
  • Archive

FOLLOW US

  • Facebook
  • Twitter
  • Google+
  • Youtube
No Result
View All Result
  • Home
  • Business
    • BANKS
      • GeoBanks
    • Finance
    • Insurance
    • Markets
    • Pharmacy
    • Press Releases
    • RealEstate
    • RealEstate
    • Finance
    • Insurance
    • Banks
      • GeoBanks
    • Markets
    • Press Releases
    • Personal Finance
  • World
    • Americas
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Europe
    • Georgia
      • Media
    • Ukraine
    • Americas
    • UK local news
  • Travel
    • Hotels in Georgia
    • Tours in Georgia
  • Videos
    • Promos
    • Soundslides
    • TheClinics
    • TheHoteliers
    • TheUniversities
    • TheHoteliers
    • TheClinics
    • TheUniversities
    • BestWorkplaces
    • Soundslides
    • Promos
    • Banking Forum
      • Promos
      • Soundslides
      • TheClinics
      • TheHoteliers
      • TheUniversities
  • Opinion
    • Editorial
      • Analysis
      • GORBI
      • OP-ED
      • VISA Editorial
    • Analysis
    • Gorbi
    • Book reviews
  • Tech
  • Interview
  • People
    • lifestyle
    • Health & Beauty
      • Coronavirus
    • LifeStyle
    • Employment
      • MyCareer
    • Education
    • Media
    • Celebrities
  • Oil&Auto
    • Auto
    • Energy
  • EN
    • EN
    • GE

© 2025 Intelligence Group llc

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.