IHG has announced plans to renovate its Intercontinental Berlin property at a cost of around €60 million.

All 558 rooms and the hotel’s public spaces will be refurbished, during which time the property will remain open.

Works will be carried out in stages, commencing with the ballroom in May, followed by rooms in the south and east wings towards the end of this year, and then the west wing. The hotel’s lobby and reception are also set to be revamped.

The Intercontinental Berlin opened in 1958, and features conference space for up to 3,000 people. It is currently hosting the Hotel Investment Forum, which runs ahead of this week’s ITB Berlin, the world’s largest tourism trade fair.

Facilities at the hotel include 60 suites, Michelin-starred restaurant Hugo’s, a spa, fitness centre and swimming pool.

Commenting on the news Karin Sheppard, Managing Director Europe, IHG, said:

“Intercontinental Hotels and Resorts is the world’s largest luxury hotel brand, which recently opened its 200th property worldwide, in Shanghai, China. Intercontinental Berlin is one of our landmark hotels for the brand, and with that, one of the most treasured hotels within the Intercontinental family.

We are absolutely delighted that, with the support of our partner Union Investment, we are further investing in this iconic hotel and reinforcing its position within the thriving hospitality market in Berlin and among hotels of similar prestige in Europe and beyond.”