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IHG signs first hotel in Algeria
7/2/2012
IHG (InterContinental Hotels Group) has signed its first hotel in Algeria, the Holiday Inn Algiers-Cheraga Tower. The 243 room hotel will be developed by Ramdane Group and managed by IHG.
In an announcement, IHG’s Director of Development, France and North Africa, Brice Marguet said that the Holiday Inn would fill a significant gap in the market as there were no internationally branded midscale hotels in Algiers.
“Holiday Inn Algiers-Cheraga Tower will provide much needed international standard midscale accommodation for international and local business travellers. Holiday Inn offers the things that matter most to guests – great beds, great showers and fantastic service, with an up-to-date look. Guests can expect a consistent experience at an affordable price just like any of our Holiday Inn hotels around the world.”
At 75m high, the 25-story hotel will become one of the tallest buildings in Algiers. The hotel will feature 500 square meters of meeting space and a restaurant with 145 covers. Guests will have access to a spa with indoor swimming pool and fitness facilities, as well as an outdoor swimming pool.
The hotel is part of a larger development in the area being developed by Modern Towers, a subsidiary of Ramdane Group, which includes office buildings and residential blocks.
Ramdane Group and Modern Towers Chief Executive Omar Ramdane said: "It is a privilege for Modern Towers to partner with IHG on its first hotel in Algeria. This is the beginning of a relationship of mutual trust and professionalism. I am confident that Holiday Inn Algiers-Cheraga Tower is a first step. Together we will deliver international standard accommodation that will attract inbound business. We hope to develop similar projects in future that will meet both IHG’s expectations and Modern Towers’ ambitions."
Ramdane Group has operated in Algeria for 40 years.
IHG has 709 Holiday Inn and Holiday Inn Express hotels (98, 390 rooms), in the pipeline globally. READER COMMENTS
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