InterContinental to invest €270 million in Poland (PL)

The InterContinental Hotels Group has announced plans for 30 new hotels in Poland. In the next 10 years, company intends to open 7 Holiday Inns, 20-25 Express by Holiday Inn hotels and possibly 4 Crowne Plaza hotels, in investments totalling approximately €270 million.

One hotel is to be built in Józefów outside Warsaw at a cost of €20 million, and should be ready by February 2007.

Source: Eurobuild

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