Get the latest hospitality news and inspiration straight to your inbox. Subscribe to our newsletter.

IHG set to operate 4,000 hotel rooms at £3.2b London Paramount theme park

Written by:
Written by:
IHG set to operate 4,000 hotel rooms at £3.2b London Paramount theme park

InterContinental Hotels Group (IHG) has reached a heads of terms agreement to operate up to 4,000 guest rooms with the developer of London Paramount theme park in north Kent.

The massive £3.2b development on the Swanscombe Peninsula is expected to open in 2022.

Developed in phases, the hotels will open under a number of IHG’s brands, from its limited service, midscale and upscale brand stable.

The latest plans for the resort, of which the heads of terms form a part, will go on public display in the autumn, before a development consent order is submitted to the secretary of state.

A management agreement is due to be signed during a later stage in the resort development process, prior to the resort and hotels’ opening in 2022.

Humphrey Percy, CEO of London Resort Company Holdings, the developer of London Paramount, said: “This head of terms agreement with IHG is a key piece in our jigsaw puzzle of infrastructure operations which sets an important standard for the resort. This arrangement is a further example of our commitment to creating a truly global destination and entertainment resort in, and for, the UK.”

IHG operates nearly 5,200 hotels and 767,000 rooms around the world under brands including Holiday Inn, Holiday Inn Express, Crowne Plaza, and Staybridge Suites.

IHG CEO Richard Solomons to retire >>

New Hotel Indigo Cardiff appoints Tom Gaskell as GM >>

Aprirose acquires Mercure Bristol Holland House hotel and spa >>


Videos from The Caterer archives

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

Start the discussion

Sign in to comment or register new account

Start the working day with

The Caterer’s free breakfast briefing email

Sign up now for:

  • The latest exclusives from across the industry
  • Innovations, new openings, business news and practical advice
  • The latest product innovations and supplier offers
Sign up for free