India, July 2 -- IHG Hotels & Resorts (IHG), one of the world's leading hotel companies, announced the signing of three franchise agreements for new-build Holiday Inn Express hotels in Spain, marking a significant strategic partnership with global alternative asset manager Tikehau Capital.

The Signings

- Total: 3 new-build Holiday Inn Express hotels, 653 rooms.

- Cities: Madrid (244 rooms), Malaga (259 rooms incl. 52 suites), Barcelona (150 rooms).

- Platform: First hotels under Selecto, a new select-service hotel platform by Tikehau Capital with Quest Capital as operating partner.

Holiday Inn Express Madrid - Julian Camarillo

- Largest Holiday Inn Express in Iberia.

- Located in MadBit tech/business district, near Barajas Airport & IFEMA convention center.

- Features: Gen 5 design, outdoor pool, fitness area.

- Opening: Q1 2028.

Holiday Inn Express & Suites Malaga - Palacio de Congresos

- Next to FYCMA Trade Fair & Congress Centre.

- Features: Outdoor pool, sun deck, fitness area, Gen 5 design.

- Opening: Q1 2029.

Holiday Inn Express Barcelona - Fira

- Near Fira de Barcelona convention center, between airport & city center.

- Opening: Q1 2029.

Strategic Impact

- Largest single-partnership signing for Holiday Inn Express in Spain to date.

- Strengthens IHG's footprint: 20+ Holiday Inn Express hotels already open in Spain, 4 more in pipeline.

- Globally: 3,304 open Holiday Inn Express hotels, 666 in pipeline.

Leadership Statement

- Willemijn Geels, VP Development, Europe (IHG):

> "Spain is an important growth market. Partnering with Tikehau Capital gives us a strong platform to accelerate growth in key Spanish cities."

This move positions IHG to capture Spain's booming tourism demand-Barcelona alone welcomed 16 million visitors in 2025, while Malaga province recorded 6.25 million tourists.

Published by HT Digital Content Services with permission from Travel Media.