IHG Signs With Fideicomiso 1870/2014 for New-Build Crowne Plaza Mexico City Insurgentes

Avenida De Los Insurgentes Property Will Offer a Premium Experience for Today’s Blended Travel Needs Upon Its Planned 2026 Opening

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USA, Atlanta, Georgia. December 05, 2023

IHG Hotels & Resorts (IHG), one of the world's leading hotel companies, announced the signing of a new build Crowne Plaza hotel in a coveted location along Mexico City's famed Avenida de los Insurgentes. Scheduled to break ground in early 2024 ahead of a planned 2026 opening, Crowne Plaza Mexico City Insurgentes will serve as a regional halo property for the brand and - upon its return to the nation's capital - join a roster of seven* currently open Mexico properties.

Crowne Plaza Mexico City Insurgentes will provide a host of premium amenities and flexible workspaces to welcome business, leisure and blended travelers. Each of the hotel's 230 rooms will include ample and modern spaces for a seamless transition between productivity and relaxation, with the brand's signature Plaza Workspace - a bundle of adaptive meeting areas and private soundproof booths in the hotel's public area that support individual and collaborative productivity - available to guests and the general public. Guests also will enjoy the hotel's scenic rooftop bar and dine at a to-be-named restaurant concept befitting of its location.

Beyond its prominent place among the longest avenue in Mexico City, Crowne Plaza Mexico City Insurgentes offers convenient access to many of the city's most visited destinations. Business travelers will benefit from the hotel's proximity to a multitude of local and regional corporate offices and professional buildings, while leisure and blended travelers can enjoy a short journey to the Azul Football Stadium, Theater of the Insurgents and World Trade Center Mexico City lifestyle complex and cultural center.

Paul Adan, Regional SVP, Development - Latin America and the Caribbean for IHG Hotels & Resorts, said: "Today's travelers expect the flexibility to easily transition their stay between business and leisure. We've elevated the Crowne Plaza design to provide the space and services for guests and locals seeking a modern environment to engage and recharge. Our new location along the highly visible and well-traveled Avenida de los Insurgentes is a perfect fit for Crowne Plaza, and we look forward to reintroducing this premium brand to Mexico City."

IHG will collaborate with owner Fideicomiso 1870/2014 and designer Interaq on Crowne Plaza Mexico City Insurgentes' blueprint, construction and operational plans.

Felix Jafif, President, Fideicomiso 1870/2014, said: "Mexico City remains a popular destination for travelers of all kinds. With the modern shift to more blended travel, we're confident that Crowne Plaza's flexible design and proven reputation will make this hotel a welcome addition to our city. We look forward to working with IHG Hotels & Resorts on a successful build and opening."

Crowne Plaza Hotels & Resorts is one of the world's largest premium hotel brands, with more than 520 open or in pipeline properties in major global cities and resort locations. Rooted in a deep understanding of the needs of today's business traveler, Crowne Plaza's "Work/Life Blend" features multi-functional spaces where guests can switch effortlessly between work and socialization. The brand's accelerated growth plan includes the renovation of three-fourths of its existing Americas estate by 2025 and the addition of more than 120 new global hotels.