InterContinental Hotels Signs Franchise Deal for First Kimpton Hotel in Morocco
MT Newswires Live
Dec 16
InterContinental Hotels Group (IHG) said Tuesday it signed a franchise agreement with Sirayane Hospitality to develop the first Kimpton hotel in Morocco.
The 67-room Kimpton Marrakech hotel will be located about 20 minutes south of Marrakech's Medina and Hivernage district, and is expected to open in Q4 2026, the company said.
The signing represents IHG's third hotel agreement in Morocco, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.