IHG has signed a deal to open the Hotel Indigo Cyprus Larnaca at year's end via a franchise agreement with Quality Group and Sunnyseeker Hotels.
The hotel, a combination of two historic houses, will be owned by local development company Quality Group. When it opens, the Hotel Indigo Cyprus Larnaca will be close to the city center and airport, and within walking distance of the beach and shopping district.
The news comes on the heels of the brand’s recent debut in Venice, Italy, with a further six openings to follow in the next three to five years.
"Cyprus is already a popular European leisure destination and Larnaca is transforming into a real business and leisure hub in the country," said Eric Viale, managing director for Southern Europe, IHG. "This makes it a great location for Hotel Indigo and we are delighted to partner with Quality Group and Sunnyseeker Hotels to bring the brand’s unique designs and distinctive guest experience to the city. This signing shows good momentum for Hotel Indigo, which has had significant owner interest here in Europe."
Thirty-three deals were signed for Indigo hotels last year, and the brand recently opened its 100th hotel worldwide. IHG expects the brand to double its portfolio over the next three to five years, with openings slated for Belgrade, Serbia this year, Verona, Italy in 2020 and Gibraltar, Spain in 2021.
IHG has more than 700 hotels across Europe, 187 of which are in the southern region. A further 37 hotels are in the pipeline for Southern Europe.