IHG signs first Iceland property under Candlewood Suites brand
📍 IHG Hotels & Resorts, in collaboration with ALVA Capital, is launching its first Candlewood Suites in Reykjavik, Iceland, marking IHG's debut in the country. Over the next 3-5 years, up to 500 rooms will be developed across Iceland, including Holiday Inn Express and Garner hotels. The Reykjavik hotel, located in Hlíðar, will offer 53 units with kitchens, gyms, and a 24-hour market. IHG operates over 410 hotels globally, with 192 more planned. ALVA Capital, founded in 2012, focuses on real estate.
Share
