IHG to open 15 HIX (Holiday Inn Express's) in Australia

[markis10]

Cookies must be enabled. | The Australian

THE world's largest hotelier, InterContinental Hotels Group, has struck a deal with a Dubai-based $150 million investment fund to build, own and operate at least 15 Holiday Inn Express hotels throughout Australia. Backed by investor Ronald Barrott, the international fund known as the Pro Invest Group yesterday bought the first site in Sydney for the rollout of Holiday Inn Express Hotels. It is at Macquarie Park in North Ryde, just north of the CBD.
More than 2200 Holiday Inn Express Hotels already operate worldwide, with a further 450 slated to open in the next couple of years. The 3.5-star brand is growing in popularity because it is affordable and targets both business and leisure travellers who need to stay in suburban as well as city locations.

 

[Ricardo]

Good news, hopefully Bris and GC are back on the radar ?

 

[kamchatsky]

Interesting, wonder where in Macquarie Park they are going to fit the HIX?

 

[Isochronous]

Why can't we see more 5 star properties opening in Australia? I guess the minimum wage is too high to run good service here now.

 

[docjames]

Great news.

 

[Mal]

Nice. Australia needs more hotel rooms and the brand is a good one.

 

[Fifa]

I quite like HIX hotels for quick overnight stays.
I hope they build some close to airports.

 

[markis10]

I quite like HIX hotels for quick overnight stays.
I hope they build some close to airports.

Have to agree after my stay in SIN last week, could even stretch it into a two or three day stay and it would be fine.

 

[jetlagger]

Why can't we see more 5 star properties opening in Australia? I guess the minimum wage is too high to run good service here now.

For a start.. I think you will find the land acquisition, permits, red tape/ bureaucracy & building costs more of a hinderance than the actual running costs.

 

[JohnK]

Good news.

Personally I would be happy with 3* HIX hotels that do not charge an arm and leg.