IHG Hotels & Resorts has signed InterContinental Prague, confirming the return of the InterContinental brand to the Czech capital. The 137-key hotel is scheduled to open in the first half of 2029. It will join two existing IHG properties in the city: Holiday Inn Prague Congress Centre and Holiday Inn Prague Airport.
The hotel will be located at Jeruzalemska 8 in Prague 1 within a historic building that dates back to 1839. The property is part of the European real estate portfolio managed by Generali Real Estate. Over time, the building has served as a dance hall, a theatre and later office space. The renovation project is being overseen by Generali Real Estate and will convert the structure into InterContinental Prague.
The hotel will be positioned close to the city’s main Railway Station and will provide access to road and public transportation. The location places the property within walking distance of Charles Bridge, Old Town Square and the Prague Astronomical Clock.
Guests at InterContinental Prague will have access to a spa with a wellness area and pool, bar, restaurant and Club InterContinental. The property will also include a private garden. Conference facilities will be available for business travelers, and the hotel will be located near several corporate offices in the city center.
“We are honoured to begin our partnership with Generali Real Estate through this landmark signing in Prague, marking the return of our iconic InterContinental brand to the Czech Republic. The milestone not only represents a key moment in our Central and Eastern European development strategy, but also further strengthens IHG’s luxury and lifestyle portfolio in Europe, complementing our existing 34 hotels across these markets,” said (Mrs) Willemijn Geels, Vice President, Development, Europe, IHG Hotels & Resorts. “Together with Generali Real Estate, we are taking a pivotal step toward delivering an unparalleled InterContinental experience in the vibrant heart of Prague, setting new standards of luxury and hospitality and creating a destination that will captivate guests when it opens in 2029.”
“We are delighted that our first collaboration with IHG Hotels & Resorts will see us reimagine one of Prague’s most historical buildings into an InterContinental hotel – one of the most prestigious hospitality brands in the world. Together, we are committed to restoring and giving new life to an extraordinary asset,” said Ramon Spoladore, Head of CEE & Nordics, Generali Real Estate. “Prague is one of Europe’s most iconic cities and consistently ranks as one of Europe’s top tourist destinations, known for its rich history, vibrant cultural scene, safety and high-end lifestyle. Driven by the growth of the hospitality business, the city’s real estate market is experiencing significant expansion. We are proud to become the new home of the InterContinental hotel in Prague, and to contribute to creating a landmark of luxury hospitality for Central Eastern Europe.”
The InterContinental Hotels & Resorts brand is currently undergoing a brand evolution focused on modern luxury travel while maintaining its core positioning centered on cultural connection.