IHG, Pelligra, Citinova to develop Melbourne's third Holiday Inn hotel

Holiday Inn Melbourne Werribee, Australia

Continuing the expansion of Holiday Inn throughout Australia, InterContinental Hotel Group has inked its next Holiday Inn property in Melbourne. In partnership with Pelligra Group and Citinova, IHG is set to open the Holiday Inn Melbourne Werribee in 2020. 

The 150-guestroom hotel will be developed in Western Melbourne as part of a mixed-use development project, which will include offices and retail space. In Werribee's CBD, the Holiday Inn Melbourne Werribee will be close to both Melbourne and Geelong central business districts and two airports: Avalon International Airport and Melbourne International Airport. 

This recent addition to IHG's expansion plans for Holiday Inn follows the signing of Holiday Inn and Suites Geelong on Nov. 20, 2017. As the first hotel to be developed in the city in over 20 years, the new Holiday Inn will begin operating in 2020. The group's second Victoria hotel signing in November is being developed in partnership with Franzé Developments as part of a 20-year management agreement for what is expected to be the largest hotel in the city with 190 guestrooms and 40 long-stay suites. Now, the Holiday Inn and Holiday Inn Express portfolio in Australia totals 20 open hotels and another nine planned projects, which are mainly developed in large cities and near airports. Melbourne has two of these Holiday Inn-branded hotels: Holiday Inn Melbourne on Flinders and Holiday Inn Melbourne Airport. 
IHG's portfolio across Asia-Pacific currently has 47 hotels operating under four brands: InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels & Resorts and Holiday Inn Express. Another 15 are in the pipeline, including Hotel Indigo and Even Hotels. One of Australia's new Hotel Indigos, which was signed in May 2017, will also claim a spot in Melbourne. IHG is teaming up with Salta Properties to develop and manage the new 170-guestroom Melbourne Docklands hotel opening in 2019. The other, Hotel Indigo Brisbane Fortitude Valley, was signed in 2016. As the first Hotel Indigo signing for Australia and New Zealand, the 140-guestroom hotel is set for a 2020 opening. IHG's first Even Hotels property for the region was signed with Pro-invest Group in July of this year. The Even Hotel Auckland—the first of the brand signed outside of North America—will have 200 guestrooms once it opens in 2020. Another 10-15 Even Hotels properties are in the pipeline for capital cities and economic hubs in Australia and New Zealand in partnership with Pro-invest Group.


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.