IHG is set to open its first hotel in the Northern part of Poland on July 5. The Holiday Inn Gdansk-City Centre is part of IHG’s collaboration with development partner UBM Development AG and marks the fifth hotel opening through the partnership within the pastthree years.
Located on Granary Island, an urban development, the property has 240 guestrooms on seven floors, five conference rooms, a 24/7 gym, an open lobby and a Sky Bar.
The Holiday Inn is the 53rd hotel developed by UBM Development AG. Based on a forward purchase agreement, the hotel was sold to Union Investment in January 2018 and will be fully integrated in Union Investment’s portfolio in Q3.
The property will be managed by IHG.
"Thanks to its unique location within the city, conference space and dining options, this hotel will have a big impact in the growing economy of Gdansk," said Karin Sheppard, managing director, Europe at IHG. "Poland has been a very important market for us in Europe and a market with a great success story. It has the eighth largest economy in the European Union with a rapidly growing hotel industry."
Martin Löcker, COO of UBM Development, added this project is the 16th hotel the company has developed with IHG.
As of the end of March, IHG has 11 hotels open in Poland. By 2021, the company expects to open an additional 17 hotels, effectively tripling IHG’s system size in the country and adding Crowne Plaza and Staybridge Suites to the brand portfolio.