News - 15th Nov 2006

Hotels: InterContinental in Dominican Republic

InterContinental Hotels Group (IHG) has announced that it has signed a management agreement with Inverplata S.A. for the new Holiday Inn Express Hotel and Suites Santo Domingo in the Dominican Republic. Today Santo Domingo is considered to be one of the largest economic and commerce hubs in the entire Caribbean that bustles with young entrepreneurs, plenty of opportunities and several new developments all within a strong and financially viable market.

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The 7-story, 145-room hotel, currently under construction, is situated on Avenida Abraham Lincoln, in an upscale neighborhood that is home to major foreign and local company’s headquarters, embassies, and government agencies. The hotel is also within close proximity to the Universidad Pontificia, Universidad Catolica Madre y Maestra, and a myriad of shopping centers, nightclubs, and restaurants. The Holiday Inn Express Hotel and Suites Santo Domingo is the second IHG property in Santo Domingo, and is also the second IHG property collaboration with development company, Inverplata S.A.

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