InterContinental Hotels, NewcrestImage Team Up for Bricktown Hotel
By Gabriel Circiog, Associate Editor
InterContinental Hotels Group announced late last month that the Bricktown entertainment district will be the site of its next development in Oklahoma City. The hotel company is partnering with NewcrestImage to develop a 124-key Holiday Inn Express at 101 East Main St. Construction is scheduled for completion by the end of the year, followed by a grand opening in early 2014.
The Holiday Inn Express Bricktown will be the seventh property developed by NewcrestImage under the InterContinental Hotels Group family of hotel brands. The company has a portfolio of six Holiday Inn Express properties, totaling more than 450 keys, in Arkansas and Texas. Another three hotels are in NewcrestImage’s development pipeline.
“This is a strong market and is well positioned for growth,” commented Daxesh Patel, managing partner with NewcrestImage, “We are looking forward to working with IHG on this new hotel.”
Located near the Bricktown Ballpark, Cox Convention Center and Chesapeake Energy Arena, home of the National Basketball Association’s Oklahoma City Thunder, the 70,500-square-foot hotel will be built by Brightman Construction, an affiliate of NewcrestImage.
“The Holiday Inn brand family is the fastest-growing chain globally in its segment; and we remain focused on strengthening that presence even further in the right markets through strong relationships with our owner community,” said Joel Eisemann, Chief Development Officer, The Americas, InterContinental Hotels Group.
Rendering Courtesy of: www.brightmanc.comTags: Development, property management