IHG has announced that it plans to open InterContinental Rome in 2022, marking a welcome sign of confidence in the Italian tourism industry at this challenging time.
The new luxury hotel will be located in the Ludovisi area of the city, close to the Villa Borghese. The existing property will be fully restored to create modern luxury for visitors with a sense of discretion.
The hotel was designed by architect Carlo Busiri Vici in the neo-renaissance style, the palazzo building was originally home to ambassadors staying in Rome, opening as a hotel in 1993. Guests that book a stay at the hotel will benefit from its close proximity to the city’s wealth of history and art.
Willemijn Geels, Vice President of Development, Europe, IHG, commented: “The signing of an InterContinental in Rome represents an important moment in the growth of our luxury portfolio and brand presence across Europe. In these challenging and unprecedented times, this signing shows the continued trust our Owners and partners place in IHG and our brands. We are delighted to partner with Oaktree Capital and Westmont Hospitality Group and look forward to offering InterContinental guests a rich and unforgettable experience in the Eternal City.”
“Confirmation by primary international investors of their commitment to Italy even in this difficult time is a strong signal of the country’s unimpaired attractiveness as a cultural, tourist and business destination. UniCredit is a strategic partner for the development of large real estate projects and we are happy to support this important initiative in a sector, such as the luxury hotel industry, which can be a driving force for the recovery of tourism in Italy.”- Alfredo Maria De Falco, Deputy Head of CIB and Head of CIB Italy at UniCredit.
