Breaking news, 06 Mar 2008, SINGAPORE – InterContinental Hotels Group (IHG) is expanding its resort and hotel portfolio in Indonesia and India. The group has signed agreements to manage the InterContinental Bali Sanur Beach Resort and a Holiday Inn Resort on Tuban in Bali and an Inter-Continental and a Holiday Inn hotel in New Delhi.
The 104-room, new-build InterContinental Bali Sanur Beach Resort is scheduled to open in late 2009. The resort will be the second InterContinental hotel on the island after the 418-room InterContinental Bali Resort on Jimbaran Bay.
Currently undergoing extensive refurbishment, the Holiday Inn Resort on Tuban is a 200-room property set on three hectares of Balinese gardens with direct beach access. The resort’s opening later this year will mark the Holiday Inn brand’s entry to the island.
Both properties are to be managed by IHG on behalf of PT Menara Perdana.
IHG has also signed an agreement with Indian real estate developer Eros to manage two new hotels – a 200-room InterContinental and a 264-room Holiday Inn – in New Delhi.
The hotels will be linked to shopping malls, offices and premium residences. Construction has commenced and opening is scheduled for 2011.
