InterContinental Focuses on Supporting Tourism Growth in Mexico
By Kerry Medina
June 21, 2012 9:58 PM
InterContinental Hotels Group (IHG) announced increased support of global efforts to boost tourism in Mexico through the participation of Kirk Kinsell, president-the Americas, IHG, on a trade mission with the British Prime Minister to Mexico.
With 120 hotels currently open in Mexico, IHG is the country’s largest hotel company by hotel count and number of rooms. Mexico welcomed 23.4 million international visitors in 2011and continues to see year-on-year growth, ranking second behind the United States as the top regional destination for international travelers.
“Mexico provides many opportunities to diversify in the hotel business, from resort to business destinations, the country can serve several tastes in regards to tourism -- adventure, sun, colonial -- and has a growing economy in the trillion dollar range,” said Kirk Kinsell, president, the Americas, IHG. “We see a huge opportunity to grow many of our hotel brands, such as InterContinental Hotels & Resorts, Holiday Inn and Staybridge Suites, in Mexico.”
IHG has 40 hotels in the development pipeline in Mexico; five new hotels expected to open by the end of 2012; and four recent signings. New hotels added to the system in the next three years are expected to add 1,650 new jobs to the local economy in addition to the 15,200 employees already working across the IHG family of brands in Mexico. IHG currently has 10 InterContinental Hotels & Resorts (2,842 rooms); 17 Crowne Plaza Hotels & Resorts (3,264 rooms); 53 Holiday Inn Hotels and Resorts (7,556 rooms); 37 Holiday Inn Express hotels (5,077 rooms); and three Staybridge Suites properties (312 rooms) in Mexico.
IHG and Grupo Presidente, a hotel, restaurant and vacation club operator, recently opened the Presidente InterContinental Santa Fe in Mexico City. The tallest building in the area, the Presidente InterContinental Santa Fe offers views of the Santa Fe area, the Valley of Mexico and the Popocatepetl and Iztaccihuatl volcanoes. The building’s conversion into the Presidente InterContinental Santa Fe represents nearly a $35 million investment, with the creation of 200 new jobs during the construction phase and more than 350 jobs added to operate the hotel and its restaurants.
In 2012, IHG also opened the Holiday Inn Tijuana Zona Río, with 127 rooms, located five minutes from the San Diego, Calif. border with easy access to the main industrial and commercial zones in the city. The following IHG hotels are slated to open in Mexico before the end of 2012: Holiday Inn Express Guaymas, 130 rooms, July 2012; Hotel Indigo Veracruz Boca del Río, 106 rooms, August 2012; Holiday Inn Monclova, 128 rooms, November 2012; Holiday Inn Express Monterrey Plaza Tanarah, 170 rooms, December 2012; Holiday Inn Express Queretaro, 105 rooms, December 2012
IHG also had four recent signings in Mexico, including: Presidente InterContinental Queretaro, 220 rooms, slated to open Q4 2013; Staybridge Suites San Luis Potosi, 100 suites, slated to open Q2 2014; Holiday Inn Express Xalapa, 110 rooms, slated to open Q2 2014; Holiday Inn Express Veracruz Boca del Rio, 112 rooms, slated to be open Q2 2014.