Home International Jobs IHG Resorts & Resorts indicators LOI to carry its new midscale conversion model Garner to Japan in 2024

IHG Resorts & Resorts indicators LOI to carry its new midscale conversion model Garner to Japan in 2024

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IHG Resorts & Resorts indicators LOI to carry its new midscale conversion model Garner to Japan in 2024

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  • IHG launched Garner in August 2023 and
    expects this new model to achieve an property of over 500 motels over the following 10 years and 1,000 motels over the following 20 years.
  • That is the primary time an LOI for the Garner model has been signed exterior of North America
  • Three motels in Osaka would refurbish and open beneath the Garner model in 2024
  • The settlement continues IHG’s document progress momentum in Japan

London, United Kingdom – IHG Resorts & Resorts (IHG) plans to launch the Garner™ model in Japan this yr, marking the primary deal exterior of North America for its new midscale conversion model.

It follows the signing of a letter of intent (LOI) between IHG and Axe Administration Companions which might see Garner make its Japan debut within the second half of 2024 with three conversion motels in Osaka, including greater than 500 rooms to IHG’s rising Japan property.

Previous to rebranding as Garner, three properties in Osaka would bear refurbishment, together with enhancements to the visitor arrival expertise, widespread areas, and the lounge and café, in addition to a refresh of visitor rooms that features design, lighting, bedding and toilet facilities.

As soon as open, the motels would embrace the Garner ethos and ship the all-important issues visitors worth most – a handy location, welcome amenity on arrival, a sound night time’s sleep, Wi-Fi and digital check-in the place out there – all at a high quality and worth that’s onerous to search out. From a scrumptious breakfast, complimentary recent espresso within the foyer, to satisfying snacks out there 24/7 within the Garner Store, visitors received’t ever be removed from one thing tasty, to allow them to get on their manner.

Friends on the three motels will be capable of get pleasure from all of the perks of IHG One Rewards, IHG’s market-leading loyalty program, together with the flexibility to earn and use factors, and advantages for members together with late take a look at, room upgrades and Milestone Rewards.

Garner was launched in August 2023 and IHG expects this new model to achieve an property of over 500 motels over the following 10 years and 1,000 motels over the following 20 years. The world’s first Garner lodge opened in Seattle lower than three months after the model’s launch and, now, the Japan announcement is the primary LOI for the model exterior of North America, demonstrating its world attraction for visitors in search of nice worth stays at high-quality properties, and for homeowners searching for greater returns within the midscale phase.

The primary Garner LOI signing exterior of North America is a big milestone for the model, and one we’re very enthusiastic about. Japan is well-known for its high-quality home midscale motels, and we predict Garner is the right model to assist take them to a world stage with IHG’s highly effective programs, world-class expertise, market main operations assist and award-winning IHG One Rewards loyalty program. I’m proud to be right here in Japan to mark this announcement, and want to thank the possession group for his or her confidence in the way forward for Japanese tourism, in addition to for his or her religion in IHG and the brand new Garner model. Elie Maalouf, CEO, IHG Resorts & Resorts

We’re excited to accomplice with IHG, one of many world’s main lodge teams, to launch the brand new Garner model exterior of the US. There isn’t any higher place to embark this journey than Japan, a spot the place omotenashi exceeds all visitor expectations. We’ve got nice confidence within the Garner model and are decided to ship an expertise that may actually impress home and worldwide travellers. Gary Kwok, Founder and CEO, Axe Administration Companions

This partnership additional demonstrates our confidence and dedication within the long-term prospects of the Japan actual property market and hospitality sector. We foresee this sturdy market development will proceed, and can additional deploy capital in hospitality and different sectors throughout asset lessons, so as to add to our world portfolio. Sam Lau, Founder and Managing Accomplice,Axe Administration Companions

The motels are all conveniently situated within the centre of Osaka, simply moments away from the well-known Midosuji purchasing avenue and Dotonbori, the town’s full of life leisure space. Close by Honmachi Station is among the busiest on the Osaka Metro, with a median of 180,000 passengers per day, and linked by three strains, offering distinctive entry to all elements of Osaka. Kansai Worldwide and Itami airports are simply an hour away, and Yumeshima Island, the place the 2025 World Expo and future built-in resort growth shall be situated, is simply 25 minutes away.

The opening of the three Garner motels would additional embed IHG’s place as one in every of Japan’s main worldwide lodge corporations, which at the moment has 54 open or pipeline motels throughout the nation. In Osaka, there shall be an IHG lodge to swimsuit the necessity of any visitor, with ten motels throughout the posh, premium and necessities segments, together with InterContinental Osaka, ANA Crowne Plaza Osaka, voco Osaka Central, RIHGA Royal Resort Osaka, Vacation Inn Specific Osaka Midosuji, Vacation Inn Osaka Namba, Vacation Inn & Suites Shin Osaka and the three Garner motels.

IHG will proceed to give attention to enterprise growth in Japan and intention to additional increase its portfolio.

About IHG®

IHG Resorts & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a world hospitality firm, with a function to offer True Hospitality for Good.

With a household of 17 lodge manufacturers and IHG Rewards, one of many world’s largest lodge loyalty programmes, IHG has over 6,000 open motels in additional than 100 nations, and an extra 1,800 within the growth pipeline.

InterContinental Resorts Group PLC is the Group’s holding firm and is included and registered in England and Wales. Roughly 350,000 folks work throughout IHG’s motels and company places of work globally.

Go to us on-line for extra about our motels and reservations and IHG Rewards. For our newest information, go to our Newsroom and observe us on LinkedIn, Fb and Twitter.



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