19-story Holiday Inn Lima, Peru scheduled to open in 2019

InterContinental Hotels Group and Grucaba SAC have signed off on a new-build Holiday Inn hotel in Lima, Peru, that is set to open in the third quarter of 2019. Grucaba SAC will own the 19-story property while IHG will manage it. RH-10 is the project management company.

“This signing of the Holiday Inn Lima hotel reinforces our commitment to growing the IHG portfolio in Peru,” Jorge Apaez, COO of IHG's Mexico, Latin America and Caribbean branch, said in a statement. “We are extremely pleased to further expand our presence in this country, which offers excellent growth opportunities for our hotels.”

The two-tower hotel will have a lower eight-story tower and an upper 17-story tower. The property’s upper tower will have 200 rooms, including five suites. An underground parking garage will be located beneath the tower.

FREE DAILY NEWSLETTER

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.

The Holiday Inn Lima hotel joins the Holiday Inn Lima Airport, currently under construction, as the second property for the brand in the city. In 2016, IHG also announced the addition of two new-build Holiday Inn Express properties in Lima and Piura, Peru slated to open in 2019.

IHG has nearly 1,250 Holiday Inn hotels worldwide, 29 of which are located throughout Latin America. IHG has 225 hotels and more than 38,000 rooms throughout Mexico, Latin America and the Caribbean. 

Suggested Articles

The XR Event Planner places event planners, buyers and hotel sales staff in a virtual reconstruction of an event space.

The collaboration will develop full-service property-management capability that will combine with Sabre’s existing hospitality solutions.

When developing an on-property spa, hoteliers should consider what its strategic objective will be and plan accordingly.