IHG signs its fourth Parramatta property

IHG Hotels & Resorts is set to become the biggest hotel player in the Parramatta CBD, after signing an agreement with Pro-invest Group to open Holiday Inn Express & Suites Paramatta, the fourth IHG-branded hotel in the booming Greater Western Sydney hub.

The announcement kicks off 2022 in a big way for IHG, continuing the momentum that saw it sign 10 hotels across Australasia last year, and has it poised to open at least 15 hotels in the first half of 2022 alone.

Complementing its existing Parramatta hotels, Holiday Inn & Suites Parramatta Marsden Street and Holiday Inn Parramatta, IHG will soon have an even more exceptional offering as it takes its Parramatta portfolio to four IHG-branded hotels and more than 650 rooms, adding Holiday Inn Express & Suites Parramatta in 2024 and the luxury InterContinental Parramatta in 2025.

It boosts the Group’s presence in Greater Western Sydney that includes Holiday Inn Warwick Farm, Holiday Inn St Marys and Crowne Plaza Hawkesbury Valley

Pro-invest, which owns and operates 14 open or pipeline hotels under IHG’s Holiday Inn Express, voco, Hotel Indigo and Kimpton brands, will manage the purpose-built Holiday Inn Express & Suites Parramatta.

The new addition to the city’s accommodation offering will be located right in the centre of the CBD with a prime Smith Street frontage and will boast 239 guestrooms, car parking, meeting facilities and a gymnasium.

The Holiday Inn Express & Suites Parramatta announcement comes hot on the heels of the 2021 news that InterContinental Parramatta would open in 2025 – a major coup as it heralds the city’s first internationally branded luxury hotel.

InterContinental Parramatta (supplied)

Jael Fischer, director development IHG Hotels & Resorts Australasia, said Parramatta has cemented itself as a major commercial hub in NSW, and IHG is excited to be at the forefront of reshaping the city’s accommodation landscape.

“We are thrilled to be providing guests with an expanded range of accommodation options to suit their needs, and look forward to working closely with the community and being a major contributor to the local economy,” Fischer said.

“Holiday Inn Express & Suites Parramatta will be Pro-invest’s 14th IHG-branded hotel and we are immensely proud of our partnership and look forward to working with the team and further bolstering our network with them.”

Parramatta is regarded as the main commercial centre for the broader Greater Western Sydney Region and is seen as one of Australia’s fastest-growing cities.

IHG has 98 open or pipeline hotels across Australasia, including 41 in the Holiday Inn brand family, and plans to continue to grow the brand’s network over the coming years.

Featured image: Holiday Inn Express & Suites Paramatta (supplied)

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