New Holiday Inn & Suites Property in Budapest and IHG Re-Entry into Swedish Market with voco Stockholm Kista

New Holiday Inn & Suites Property in Budapest and IHG Re-Entry into Swedish Market with voco Stockholm Kista

By Author

Published on February 2, 2024

IHG Hotels & Resorts, a global hospitality leader, recently announced exciting developments in Europe during the HOTCO conference. The company signed agreements for two significant properties—Holiday Inn & Suites Budapest Centrale in Hungary and voco Stockholm Kista in Sweden.

Holiday Inn & Suites Budapest Centrale:

Scheduled to open in late 2026, this 170-room property will be located in Budapest's XIV district, directly above the Puskas Ferenc Stadion metro station. The strategic location places it amidst Budapest's main sports, entertainment, and cultural hub, with attractions like the Puskas Arena, Papp Laszlo events hall, and more nearby.

The hotel, part of a mixed-use development, will offer 25 long-stay suites with kitchenettes, an Open Lobby, restaurant, lobby bar, meeting room, and fitness center. Holiday Inn & Suites Budapest Centrale will also feature IHG's signature offerings, such as Kids Stay and Eat Free. IHG is proud to collaborate with trusted partners, Chain Bridge Ventures Kft. and Mogotel Hotel Group, on this project.

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Mrs. Willemijn Geels, VP Development, Europe, IHG Hotels & Resorts, expressed her delight, saying, “We’re delighted to have signed Holiday Inn & Suites Budapest Centrale – an agreement that brings our first '& Suites' offer to Europe for our Holiday Inn brand, offering a longer-stay option in the heart of the capital. The hotel will be located in a very popular area of Budapest and will provide guests with the perfect base from which to enjoy everything the Hungarian capital has to offer.”

voco Stockholm Kista:

IHG is making a strong comeback to the Swedish market with the signing of voco Stockholm Kista. Expected to open in the second half of 2024, this 201-room property is situated in Kista, known as Sweden's Silicon Valley. It will be adjacent to the Nordic Forum, a significant office redevelopment.

The voco brand, characterized by its individual charm and character, has gained momentum since its 2018 launch. The Stockholm Kista property will feature five personalized meeting and event spaces, a restaurant, lobby bar, fitness room, rooftop spa with an indoor swimming pool, and a rooftop garden.

Mrs. Willemijn Geels highlighted the growth of the voco brand, stating, “We have seen significant growth momentum with our voco hotels brand since it launched in 2018 and this signing reinforces that we are on our way to reaching the brand’s global ambition of 200 properties in leading urban and leisure locations by 2028.”

Both developments align with IHG's commitment to providing unique and memorable hospitality experiences. These properties, each with its distinctive offerings, contribute to IHG's diverse portfolio and showcase the brand's continuous expansion in key European markets.


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