IHG has signed an agreement with Thai Chareon Corporation (TCC) to take over the management of four hotels in Australia, China and Japan, under the Intercontinental, Crowne Plaza and Holiday Inn brands.
IHG will convert and rebrand the four existing hotels, adding around 1,500 rooms to its portfolio. Thailand based TCC owns a number of hotels in Asia Pacific, including Intercontinental Singapore.
In Australia, the existing Hyatt Adelaide will become the Intercontinental Adelaide after being refurbished. The 267-room hotel is located in the Adelaide Central Business District, next to the Adelaide Convention Centre, the Adelaide Casino and the Adelaide Festival Centre.
Crowne Plaza Kobe, in the sixth largest city in Japan, has been bought by TCC and will be rebranded as the ANA Crowne Plaza Kobe. In Japan, IHG operates under the IHG ANA joint venture, with more than 20 hotels under this co-branding. Crowne Plaza Kobe was previously run under a franchise arrangement but is now fully managed by IHG, which means the hotel group has more control over standards within the hotel.
In China, the existing Banks Hotel will become the Crowne Plaza Kunming after extensive renovation work. The hotel is located 15 minutes from Kunming Airport, in the capital of Yunnan province.
Also in Kunming, the Sakura Kunming Hotel will become the Holiday Inn Kinming City Centre. The 235-room hotel is located in the city’s financial and commercial district and will undergo major works before its rebranding.
Report by Sara Turner