IHG Hotels & Resorts and NOVUM Hospitality sign agreement that doubles IHG's hotel presence in Germany, launches Holiday Inn - the niu collaboration, and debuts Garner and Candlewood Suites brands
A total of 52 open and pipeline hotels will join IHG through a distinctive collaboration between Holiday Inn and the niu, NOVUM Hospitality's stylish, flagship upper midscale brand.
- A total of 52 open and pipeline hotels will join IHG through a distinctive collaboration between Holiday Inn and the niu, NOVUM Hospitality's stylish, flagship upper midscale brand.
- Under the agreement, IHG will receive franchise fees after the phased conversion of existing properties and upon the opening of the hotels under development.
- A total of 111 NOVUM Hospitality properties are in Germany, with the remaining eight in Austria, the Netherlands and the UK.
- Candlewood Suites has a combined open and pipeline estate of over 520 hotels across the Americas.