IHG to bring Holiday Inn Express to Paraguay

(Holiday Inn Express Asuncion Aviadores)

InterContinental Hotels Group has signed a deal to open the Holiday Inn Express Asuncion Aviadores hotel, the first Holiday Inn Express hotel in Paraguay. The new-build 120-room hotel will be located in Paraguay’s capital city of Asuncion, and joins IHG’s Crowne Plaza Asuncion hotel, already open in Paraguay.
“Paraguay is one of the fastest-growing economies in Latin America, making this the ideal time to grow the IHG portfolio in the country,” Jorge Apaez, COO for  Mexico, Latin America and Caribbean at IHG said in a statement. 
Expected to open by the end of 2018, the hotel will be close to the World Trade Center Asuncion, Shopping del Sol and Paseo La Galeria. The hotel will also be only 15 minutes from the Silvio Pettrossi International Airport.
The hotel will be located in the Aviadores area of Asuncion which is home to a number of international embassies and businesses. Asuncion is the largest and oldest city in the country and  is home to Paraguay’s stock exchange, Bolsa de Valores y Productos de Asuncion (BVPASA), as well as several cultural and entertainment venues.
The hotel will be owned and managed by Ventura Inversiones S.A..