IHG Hotels & Resorts accelerates growth in Mexico | News
IHG Hotels & Resorts, one of the world’s leading hospitality companies, continues to strengthen its position in Mexico, a key growth market for its Luxury & Lifestyle, Premium, Essentials and Suites brands. Mexico represents IHG’s fifth largest market in the world for open-plan hotels and rooms, and the company aims to nearly double its growth rate in the coming years.
IHG’s growth momentum builds on more than 50 years of continued presence in the country, starting with Mexico’s first Holiday Inn in Acapulco in 1970. Today, IHG has 187 hotels and 30,000 open rooms throughout Mexico. A further 62 hotels with 8,600 rooms in the development pipeline reflect continued regional demand for IHG brands from owners and guests.
Elie Maalouf, Chief Executive Officer of IHG Hotels & Resorts, said: “Mexico’s strong regional and global travel flows and growing domestic demand make it one of the most attractive hospitality markets in the Americas. With IHG’s diversified brand portfolio, powerful distribution and strong loyalty platform, we are well positioned to meet demand. Combined with our deep local presence and long-standing owner relationships, we see significant opportunity for further growth in the country.”
Drive owner value and market leadership
IHG maintains a leading position in the Mexican hospitality sector, adding more than 6,000 rooms across 14 brands over the past five years. IHG’s portfolio of brands is designed to meet the needs of owners and guests for every stay occasion – from luxury retreats to select services and extended stay offerings, and spans major urban centers, resort destinations and regional markets.
Strength in mid-range and premium brands
IHG continues the strong growth of its mid-range brands in Mexico with recent openings including Holiday Inn Express Condesa Mexico City, the enthusiast hotel Guadalajara Aeropuerto Norte and the market debut of its mid-range conversion brand Garner in Mazatlán.
A series of key properties under IHG’s portfolio of premium brands further strengthen its presence in key destinations, including the recently opened Crowne Plaza Mérida and the soon-to-open voco Ciudad de Mexico Reforma. IHG also recently announced a deal that will bring six voco hotels to Cancun, Guadalajara, Ciudad Juarez, San Luis Potosi, Torreon and Nuevo Laredo over the next few years.
Strategic growth of luxury and lifestyle
An expanded presence in Mexico reinforces IHG’s ambition to more than double its Luxury & Lifestyle portfolio in Mexico, Latin America and the Caribbean in the coming years. Real estate openings in top destinations include Kimpton Mas Olas Todos Santos on the Baja Sur Peninsula, the upcoming all-inclusive Mayan Riviera resort Kimpton Tres Rios and the recently opened Hotel Indigo Playa del Carmen. The return of the iconic InterContinental brand to Monterrey, together with the soon-to-open InterContinental Miyana Mexico City, further demonstrates IHG’s strength in this segment. The momentum continues with Six Senses Xala in the Costalegre region, expected to open in 2027.
Michael Hoe Knudsen, Managing Director of MLAC, IHG Hotels & Resorts, added: “Mexico continues to stand out as a dynamic travel and tourism market and we are confident in its growth potential. We also look forward to opening our new headquarters in the MLAC region in Guadalajara this spring, where we will grow from 40 colleagues today to 200 by the end of 2026.”
To learn more about IHG or to book a stay, visit www.ihg.com or use the IHG One Rewards app
