IHG and Grucaba SAC set deal to build 200-room Holiday Inn Lima

(IHG continues expansion across Peru with two Holiday Inn deals and two Holiday Inn Express deals in Lima and Piura. )

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.

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.