IHG expands Sydney CBD presence with signing of Crowne Plaza

InterContinental Hotels Group (IHG), one of the world's leading hotel companies, has signed a management agreement with Beijing-based development company, Ausbao Pty Ltd, a subsidiary of BCDH Group, for a new 160-room Crowne Plaza hotel in Sydney's CBD.

Crowne Plaza Sydney Darling Harbour is in a key location in close proximity to the new Sydney International Convention Centre and key business and leisure redevelopments in the Darling Quarter and the Barangaroo south precinct.

The new hotel will feature a range of business and meetings facilities including five meeting rooms and a 24-hour business centre. Guests can enjoy food and beverage at the hotel's all-day dining restaurant and unwind at the bar. To keep energised during their stay the fully equipped fitness centre and outdoor pool provide the ideal places to relax.

Matthew Tripolone, Head of Development, Australasia, IHG said: "With the strategic expansion of the Crowne Plaza brand into the Sydney CBD we looked to work with partners who understand our brand, and we're delighted to be working with Ausbao due to their track record of success with hospitality and mixed-use projects. "Sydney's CBD is undergoing some exciting redevelopment and the location and proposition of the new Crowne Plaza Sydney Darling Harbour will make it a leading choice for both business and leisure guests. The hotel will form part of an exciting mixed use development in a strategically important growth corridor within the Sydney CBD."

Jason Gao, Managing Director, Ausbao Pty Ltd said: "Sydney as a meetings and tourism destination continues to show positive growth, and new developments within the city will help support this. It is a great time to be developing an internationally-branded hotel with IHG in the upscale space, especially as Crowne Plaza is globally recognised as a leading business hotel brand and we are confident this is what the location needs. We are pleased to be working with IHG and look forward to welcoming guests to Crowne Plaza Sydney Darling Harbour when it opens in 2019."

Crowne Plaza is one of the fastest growing hotel brands in the world with nearly 400 hotels in more than 65 countries worldwide, including 70 hotels across the Asia, Middle East and Africa (AMEA) region.

IHG has 25 hotels open across three brands in Australia including:InterContinental®, Crowne Plaza® and Holiday Inn® with a further six properties due to open in the next three to five years.

There are currently 400 Crowne Plaza Hotels and Resorts across the globe, with a further 84 hotels in the development pipeline.