InterContinental Hotels Group (IHG) has partnered with Grupo Onyria to develop a 309-room dual-branded hotel in Portugal. This collaboration will introduce two distinct properties: The Onyria Marinha Cascais, Vignette Collection and Kimpton Quinta da Marinha Cascais.
These new hotels are anticipated to open between 2025 and 2026, expanding IHG's luxury and lifestyle portfolio in the European market. The dual-branded approach allows for diverse guest experiences under one development.
This partnership underscores IHG's strategy to grow its system through strategic alliances and new property developments. The addition of 309 rooms contributes to the company's overall pipeline and future fee revenue generation.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.