InterContinental Hotels Group signed a management agreement with Conygar, the developer behind The Island Quarter development in Nottingham.
IHG will be bringing its Hotel Indigo brand as well as its extended stay offering, Staybridge Suites to the city.
The 17-storey hotel will comprise 223-bedrooms and suites – 155 located within Hotel Indigo and a further 68 aimed at multi-night business and leisure travellers in the Staybridge Suites, which will include a range of amenities such as a full kitchen and dedicated shared outdoor space exclusively for Staybridge Suites guests.
Karan Khanna, managing director, UK & Ireland, IHG, said: "We are delighted to be partnering with Conygar to bring the leading global brands of Hotel Indigo and Staybridge Suites to Nottingham as an important part of the regeneration of the Island Quarter. These new properties will add to IHG's presence in the City, sitting alongside our existing Crowne Plaza and Holiday Inn hotels. As we begin 2021 these new hotel signings show the confidence that owners and investors have in IHG and our potential for continued growth for when travel can finally resume.”
Richard Watson of Conygar, said: "The Island Quarter is one of the most significant city centre regeneration schemes in the UK at the moment, and it was vital that the hotel brand which we brought to the development was reflective of that. We are absolutely delighted to have agreed terms with the team at IHG to bring its Hotel Indigo and Staybridge Suites brands to Nottingham.
"This is a very important step for us as we move this development forwards and securing a hugely successful global operator in IHG shows real confidence in the flagship element of the scheme as a whole. These two brands are world-renowned as upscale and quality hotels, which really play a part in the communities in which they are based.
"The hotel forms a key element of this latest phase, which is truly cohesive, creating a range and fluidity of uses that will spread across the whole site. The Island Quarter is a development that Nottingham can be proud of and bringing brands of this calibre to the city plays an important part in that.”