PUNTA PIQUEROS, CHILE IHG has signed a 20-year management agreement with Inmobiliaria Punta Piqueros S.A. for the new-build InterContinental Punta Piqueros.
The 140-key property will be located within the district of Concon in north-central Chile, in close proximity to Viña del Mar, one of the country’s most fashionable resort areas. Construction is under way with an estimated opening date of January 2013.
“After meeting with a number of international hotel companies in Chile, we felt that IHG was the ideal fit for this property, given their long-standing track record in the country, as well as throughout Latin America,” says José Domingo Eluchans Urenda of Inmobiliaria Punta Piqueros.
Overlooking the Pacific Ocean, the oceanfront InterContinental Punta Piqueros will feature a 10,000-sq.-ft. resort-style gym and spa with accompanying indoor/outdoor pool and sauna, along with 9,500 sq. ft. of meeting space, two restaurants, a lobby bar and wine bar.
The hotel will be the 10th IHG property in Chile, complementing an existing InterContinental, a Crowne Plaza, a Holiday Inn hotel and six Holiday Inn Express properties.
“Chile is and always has been a strategic market for us,” says Jim Anhut, IHG’s chief development officer for the Americas. “The opportunity to further our portfolio in Chile through this iconic resort property is an important demonstration of our commitment to growth in the Southern Cone.”
Viña del Mar is Chile’s largest and best-known beach resort town and is home to the Viña del Mar International Song Festival, which draws nearly 30,000 spectators nightly during the five-day festivities held annually in February.
There are 19 InterContinental Hotels & Resorts properties Latin America and the Caribbean. The latest InterContinental hotels to open in the region include InterContinental Mendoza in Argentina and InterContinental Maracaibo in Venezuela. InterContinental Nordelta Buenos Aires will be next to open, expected in May.