AGRISALAgrícola Industrial Salvadoreña (Spanish, El Salvador)
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We are delighted to partner up once again with Grupo AGRISAL and continue strengthening our relationship with them," says Alvaro Diago, Chief Operating Officer, IHG Latin America and the Caribbean.
The addition of the Crowne Plaza brand is an ideal fit for us," said Eduardo Quinonez, from GRUPO AGRISAL.
New Hotels Represent the First Two of Seven Planned Properties with Hotel Division of AGRISAL, S.
MIAMI -- Furthering its reach into Central America, IHG (InterContinental Hotels Group), (LSE:IHG) (NYSE:IHG) (ADRs), the world's largest hotel group by number of rooms, announced plans to develop two new Holiday Inn hotels in Central America, the first two of seven agreed-upon properties that will be built in the region through a development agreement with the Hotel Division of San Salvador-based Grupo AGRISAL.
We are proud to be broadening our presence in Central America, especially with Grupo AGRISAL, in which we have a solid relationship that began in 2006," says Alvaro Diago, Area President, IHG Latin America.
The agreement with the Hotel Division of Grupo AGRISAL is for the development of a total of seven IHG-branded hotels in Central America within a five year period under a license agreement with a company in the InterContinental Hotels Group.