InterContinental Hotels Group has announced a Multiple Development Agreement (MDA) with existing partner GS Star GmbH (GS Star) to bring 15 avid® hotels to the German market. This marks a significant milestone launching avid hotels, IHG’s newest mainstream brand, in Europe for the first time.
Germany is a priority market for IHG with 122 hotels already open or in the development pipeline. Strong growth momentum of 50 new signings since 2015 has been driven by IHG’s 11 active MDA partners, which has expanded IHG’s mainstream presence in Germany particularly with the Holiday Inn® and Holiday Express® brands. IHG has also been creating wider growth opportunities in the boutique, upscale and luxury markets with the first hotel for Kimpton® Hotels & Restaurants in Germany signed in 2018 and a doubling of the Hotel Indigo® footprint with three new openings by 2020.
IHG is now seeking to build further on this hotel growth momentum in Germany with the ambition for avid hotels to become one of their biggest brands in Germany.
The deal signed today at EXPO Real in Munich between IHG and GS Star is the first important step in realising this ambition.
Under the structure of the MDA, hotels will be signed within three years and opened within five. The first new-build avid hotel is planned to open by 2020. GS Star has been selected as a proven MDA partner with existing experience of developing IHG’s mainstream hotels in German priority target cities.
avid hotels, launched by IHG only last year, has already received strong owner interest in the U.S., Canada and Mexico with 130 signings. The first avid hotels property opened in August this year in Oklahoma City. The avid hotels brand is focused on satisfying guest’s demands for accommodation basics done exceptionally well and on delivering a consistent and differentiated experience on four key areas;
- Rooms Designed for Sound Sleep –Delivering a best-in-class sleep experience, with rooms intentionally designed for reliable rest. This includes a high-quality mattress and linens, choice of firm and soft pillows, black out roller shades and a purposeful design that reduces noise.
- Focused, Complimentary Grab and Go Breakfast – A select number of high-quality, brand-name options, will be offered for guests to grab and-go or enjoy in the lobby, alongside a complimentary premium bean-to-cup coffee experience available 24 hours a day. Plus a well curated 24 hour market offering food, drinks and everyday essentials.
- Latest Technology – The avid hotels brand will leverage the latest in technology to enable a seamless experience for our guests including next generation reservation system and IHG® Connect enhanced Wi-Fi technology.
The avid hotels Guarantee – the brand is committed to great stays and has developed the avid hotels guarantee to ensure that the room will be ‘just right’ upon arrival so that guests can rest assured that they made the right decision by choosing avid hotels.