IHG takes on two new hotels in Ireland and Azerbaijan

UK-based InterContinental Hotels has added two hotels in Ireland and Azerbaijan to its portfolio.

The group will take over the former Four Seasons Hotel in Dublin with effect from 1 January 2015, under a franchise agreement with Ballsbridge Hotel, an affiliate of London & Regional Properties.

The 197-bedroom hotel is in the Irish capital’s Ballsbridge district and has extensive meeting and event space, with two ballrooms totalling more than 1,400 m2.

The InterContinental Baku hotel is a new-build 105-bedroom hotel due to open in the capital of Azerbaijan in 2016, under a franchise agreement with AZ-ORS. It represents IHG’s first foray into the Azeri market.

The hotel will be managed by The Ceylan Group, owners and managers of the InterContinental Istanbul.

See the December edition of PropertyEU Magazine for more on hotel investment into Europe.