InterContinental Hotels Group has launched its first Indigo brand in continental Europe with the signing of a franchise agreement in Madrid.
The hotel owned by Orion will open in the spring 2012. InterContinental has opened 34 hotels under the brand and has 52 in the pipeline including plans to launch more in Europe’s key cities. The group also announced it will open New York’s largest hotel on July 29, 2010. The InterContinental New York Times Square was developed and is owned by a partnership led by affiliates of Tishman Hotel & Realty. It will be managed by the group’s IHG Management (Maryland) on behalf of West 44th Street Hotel.
See the Intercontinental New York Times Square release here: http://www.hotelnewsresource.com/article47169Introducing_Manhattan_s_Newest_Hotel__The_InterContinental_New_York_Times_Square.html