IHG Hotels & Resorts (IHG) announces a partnership with Gulf Province Properties Limited (GPPL), a subsidiary company of the Gulf Investment Trust Fund, to bring InterContinental, the world’s first and largest international luxury hotel brand, to Papua New Guinea (PNG). Project Overview - Hotel Opening: Scheduled for late 2028. - Rooms: 179 luxury rooms. - Location: In Port Moresby’s diplomatic precinct, near the National Parliament House, Supreme and National Court, government agencies, and foreign embassies. - Partnership: Developed with Gulf Province Properties Limited (GPPL), a subsidiary of the Gulf Investment Trust Fund. Facilities - Dining: All-day restaurant, specialty restaurant, lobby lounge, and pool bar. - Events: Over 600 sqm of meeting space, plus a Club Lounge. - Wellness: Fitness centre and outdoor pool. - Mixed-use Development: Includes 6,000 sqm of office space, creating a new commercial hub. Strategic Context - Economic Growth: Port Moresby is entering a new era, driven by large-scale LNG investments and the launch of PNG’s first NRL team in 2028. - Luxury Expansion: InterContinental Port Moresby will set a new benchmark for hospitality in Papua New Guinea, catering to dignitaries, business travellers, and international guests. - IHG Presence: Strengthens IHG’s position as the largest international hotel operator in PNG, adding to existing Holiday Inn, Holiday Inn Express, and Crowne Plaza properties. Leadership Voices - Matt Tripolone (IHG MD, Australasia & Pacific): Emphasized that the hotel will “set a new standard for luxury hospitality” as PNG grows regionally and globally. - Sir Chris Haiveta (Governor of Gulf Province): Called it a “proud moment” for PNG, welcoming leaders and travellers in the Melanesian spirit. This move signals IHG’s intent to anchor itself in emerging markets with high growth potential, blending luxury hospitality with national development milestones.
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