IHG (InterContinental Hotels Group), and Greenland USA, a developer of residential and commercial properties, signed the first Hotel Indigo hotel in the city of Los Angeles, Calif. The 350-room, 18-story Hotel Indigo Downtown Los Angeles will be the flagship hotel at Metropolis, a more than $1 billion mixed-use development. Currently under construction, Metropolis will also have three residential towers and a curated retail experience. Metropolis is owned by Greenland USA (a subsidiary of Shanghai-based Greenland Group).
"Hotel Indigo continues to be a strong growth vehicle for IHG, and with 63 hotels open and a further 63 in the pipeline, there is excellent momentum for the brand on a global scale," said Elie Maalouf, CEO, The Americas, for IHG. "We remain focused on building its presence in top-tier cities around the world and are delighted to be working with our trusted partners at Greenland USA on this iconic Downtown L.A. property. Greenland Group operates seven IHG-branded hotels in Greater China, and this marks the first time both companies have partnered together in the U.S., reinforcing IHG's reputation as the clear market leader in the boutique segment, the fastest growing segment in the industry."
Currently under construction, the hotel will be the eighth IHG-branded hotel for Greenland Group, with the other seven all located in Greater China including the HUALUXE Nanchang High Tech Zone hotel, located in Nanchang, the capital of the Jiangxi Province, which opened this month