Industry Update
Press Release20 October 2016

IHG® adds Hotel Indigo® Milan - Corso Monforte to Europe portfolio

IHG® adds to growing boutique portfolio across Europe with Hotel Indigo® Milan - Corso Monforte.

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Hotel Indigo (by IHG)

InterContinental Hotels Group (IHG), one of the world's leading hotel companies, has announced the signing of Hotel Indigo® Milan - Corso Monforte. The hotel will be the brand's second Italian location, joining Hotel Indigo® Rome – St George which opened in 2014.

Scheduled to open early 2018 under a franchise agreement with Amapa Group, the historic palace building will be converted into a hotel featuring 55 rooms, a destination restaurant, courtyard and a leisure and fitness centre. Situated in the city-centre, just ten minutes from Milan's Duomo and La Scala the hotel will be in a perfect location for guests to explore the local neighbourhood and its design will draw on inspiration from the local area, which has established a long history in the fields of fashion, textile and design.

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Hylko Versteeg, IHG's Associate Vice President of Development for Southern Europe, commented: "Boutique remains the fastest growing segment in the industry and Hotel Indigo®has expanded rapidly since launching in 2004, opening its doors in 15 countries around the world. Here in Europe our strategy is focused on growing in key urban centres and established destinations, which describes Milan perfectly. Amapa Group is already a partner of ours and we're pleased to be extending our relationship with them to bring Hotel Indigo to Milan."

Ezio Romani of Amapa Group "We're excited to add another one of IHG's world-leading brands to our portfolio and Hotel Indigo is the perfect fit for this location. This intimate hotel will be a great addition to Milan, showcasing the best the Duomo neighbourhood and Fashion District has to offer – something that guests who truly want to get to know the city wouldn't want to miss out on."

Amapa Group currently has one other property with IHG, Holiday Inn Express Rome East.

With Hotel Indigo properties around the world, the brand is growing rapidly and set to double in size to over 120 hotels within the next three to five years. In June 2016, IHG announced the highest number of openings for the brand since 2012, including Hotel Indigo® Krakow - Old Town – the brand's debut in Poland and Hotel Indigo® Singapore Katong. There are currently 19 Hotel Indigo properties open in 8 countries across Europe with a further 14 hotels in the pipeline.

IHG has 31 hotels open across Italy, including Hotel Indigo Rome – St George, with a further hotel in the development pipeline, InterContinental® Venice Palazzo Nani, which was signed earlier this year.

Related Brand

Indigo

The Hotel Indigo® brand is a global boutique hotel brand that delivers a refreshing and inviting guest experience that is truly reflective of the local community. From the locally inspired murals to the renewal program where the music, scent, and menu items change throughout the year, each Hotel Indigo hotel delivers a vibrant, engaging and genuine boutique experience that gives guests the confidence to step out and explore the local neighborhood.
brand information
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About IHG Hotels & Resorts

IHG Hotels & Resorts is a global organisation with a broad portfolio of hotel brands, including Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN Hotels ®, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, voco™, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Holiday Inn Club Vacations®, avid™ hotels, Staybridge Suites®, Atwell Suites and Candlewood Suites®.

IHG franchises, leases, manages or owns nearly 5,800 hotels and approximately 865,000 guest rooms in more than 100 countries, with over 1,900 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.

InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales. More than 400,000 people work across IHG's hotels and corporate offices globally.

Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihgplc.com/media and follow us on social media at: www.twitter.com/ihgcorporate, www.facebook.com/ihgcorporate and www.linkedin.com/company/intercontinental-hotels-group.

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Iman Denney-Brown
Phone: +44 1985 512 267
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