IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, announces the signing of InterContinental Prague - marking the world’s first and largest luxury hotel brand’s eagerly anticipated return to the Czech capital city. Project Overview - Hotel Name: InterContinental Prague - Opening Timeline: First half of 2029 - Location: Historic building at Jeruzalemska 8, Prague 1, in the Old Town. - Property Size: 137-key luxury hotel Heritage & Renovation - The building dates back to 1839, with past uses including a dance hall, theatre, and office space. - Renovation overseen by Generali Real Estate, which manages prime 4- and 5-star hospitality assets across Europe. - Aim: Restore and reimagine the property into a landmark of luxury hospitality Guest Experience - Luxury Spa & Wellness: Includes pool and relaxation areas. - Dining & Social Spaces: Bar, restaurant, and the signature Club InterContinental lounge. - Private Garden: A tranquil retreat for guests and locals. - Business Facilities: Conference spaces and proximity to corporate offices in the city centre Location Advantage - Close to Prague’s main Railway Station with excellent road and public transport links. - Walking distance to iconic attractions: - Charles Bridge - Old Town Square - Prague Astronomical Clock Strategic Importance - Marks the return of InterContinental to the Czech Republic. - Strengthens IHG’s luxury and lifestyle portfolio in Central & Eastern Europe. - Complements existing IHG properties in Prague: - Holiday Inn Prague Congress Centre - Holiday Inn Prague Airport Leadership Statements - Willemijn Geels (VP Development, Europe, IHG): Called it a landmark signing, reinforcing IHG’s regional strategy. - Ramon Spoladore (Head of CEE & Nordics, Generali Real Estate): Highlighted Prague’s status as a top tourist destination and the project’s role in revitalizing a historic asset In short: By 2029, Prague’s Old Town will host a revitalized InterContinental hotel, blending heritage architecture with modern luxury, positioning the city as a stronger hub for high-end tourism and business travel.
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