IHG Hotels and Resorts has partnered with Cycas Hospitality to bring the Holiday Inn Express and Suites concept to Switzerland.
The 119-room Holiday Inn Express and Suites Sion will open in autumn 2024 in the city of Sion, located in the southwestern Swiss canton of Valais.
The new-build hotel will comprise 95 Holiday Inn Express rooms, 24 suites with a kitchenette, a ground-floor restaurant, a 24-hour gym and a meeting room.
The hotel will be located in the new Cour de Gare district, which will include 10,300 sqm of offices, 300 apartments, 5,700 sqm of retail space, and one of the largest concert and conference halls in the Valais canton – the latter will be attached to the hotel.
The hotel will also be a 30-minute drive from the country’s ski area The Four Valleys, a journey that could be reduced to 20 minutes if a proposed new cable car project from the neighbouring station goes ahead. Sion is also within an hour’s reach of resorts such as Zermatt, Verbier, Chamonix Mont-Blanc and Portes du Soleil.
The hotel will be operated by Cycas under a lease agreement with an investment group of Credit Suisse Asset Management.
Sonia Romano, Property Asset Manager at Credit Suisse Asset Management, said:
“With Sion’s wide range of market drivers, from manufacturing and finance to tourism and research, there is an opportunity to introduce a new accommodation option to the fast-growing town. The Cour de Gare development with the Holiday Inn Express & Suites Sion is well placed to meet Sion’s evolving visitor needs.”
Asli Kutlucan, Chief Development Officer at Cycas Hospitality, added:
“We’re proud to be building on our long-standing relationship with IHG Hotels & Resorts and to be working with Credit Suisse Asset Management on this fantastic new property.
Cycas is also set to develop and manage the 99-room Holiday Inn Express and Suites in Deventer, The Netherlands, which is expected to open in autumn 2022.
This marks Cycas’ first entry into Switzerland, with its portfolio also covering the European countries of Belgium, France, Germany, The Netherlands and the UK.
