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InterContinental Hotels Group and Greenland USA have announced the signing of the first Hotel Indigo hotel in Los Angeles. The 350-room, 18-story Hotel Indigo Downtown Los Angeles will form part of Metropolis, a $1 billion-plus mixed-use development. Currently under construction, Metropolis will also feature three residential towers and retail space. It is owned by Greenland USA (a subsidiary of Shanghai-based Greenland Group).
CGI of the Metropolis development in downtown LA Elie Maalouf, CEO, The Americas, IHG, said: "Hotel Indigo continues to be a strong growth vehicle for IHG, and with 63 hotels open and a further 63 in the pipeline, there is excellent momentum for the brand on a global scale. We remain focused on building its presence in top-tier cities around the world and are delighted to be working with our trusted partners at Greenland USA on this iconic Downtown LA property. Greenland Group operates seven IHG-branded hotels in Greater China, and this marks the first time both companies have partnered together in the US, reinforcing IHG's reputation as the clear market leader in the boutique segment, the fastest growing segment in the industry." I-Fei Chang, CEO, Greenland USA added: "We are pleased that Hotel Indigo Downtown Los Angeles will be part of Metropolis and the Greenland USA portfolio. Hotel Indigo is a well-respected and sought-after boutique brand that embodies the unique experience we intend to provide to those who visit Downtown Los Angeles. We have a long-standing relationship with IHG, who share in our vision and support for the revitalisation of Downtown LA. That was an important factor in our decision to select this distinctive and culturally relevant brand for the city." |
