InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, announced signing of a new-build hotel in Colombia.
The new hotel; 199-room Crowne Plaza® hotel in Medellin will be located in Medellin's upscale "El Poblado" neighborhood, occupying one of two towers in the Palmanova luxury, mixed-use development and connected to the Palma Real Multiplaza. This will be IHG's third property in Medellin, joining the InterContinental® Medellin and the Holiday Inn Express® Medellin. There are nine hotels open and seven hotels in the development pipeline in Colombia across IHG’s InterContinental® Hotels & Resorts, Crowne Hotels & Resorts, Holiday Inn®, and Holiday Inn Express® brands.
Slated to open in 2018, the Crowne Plaza Medellin hotel is owned by Grupo Contempo S.A.S., which also owns the Holiday Inn Express Bogota. Grupo Contempo plans to develop several other IHG-branded hotels, including three Holiday Inn Express hotels expected to open by 2015 in Bogotá’s Zona Financiera, Cartagena and Barranquilla.