IHG signs first hotel in Algeria | Holiday Inn Algiers-Cheraga Tower to open in 2014
IHG (InterContinental Hotels Group), one of the world's largest hotel companies, has signed its first hotel in Algeria, the Holiday Inn Algiers-Cheraga Tower. The 243 room hotel will be developed by Ramdane Group and managed by IHG. IHG's Director of Development, France and North Africa, Brice Marguet said that the Holiday Inn would fill a significant gap in the market as there were no internationally branded midscale hotels in Algiers.