TODAY.AZ / Business

Intercontinental Hotels Group becomes operator of Holiday Inn hotel at Baku airport

02 February 2006 [16:10] - TODAY.AZ
AZAL State Air Company signed a memorandum with the British company Intercontinental Hotels Group on transfer to management of the first of Holiday Inn hotels in Azerbaijan.

According to Trend, Jahangir Asgarov, the General Director of AZAL, said that the state air company was currently implementing a construction of new airports in Lankaran, Ganja, Zagatala, while the construction of airport in Nakhchivan is complete. Similar hotels will also be built in these airports, he underlined.

Holiday Inn hotel, located at the Heydar Aliyev International Baku Airport, will have 194 apartments, 8 VIPs, one presidential suite rooms and 4 rooms for disabled. The construction work is scheduled for completion early September 2006.

The Turkish company Ziman Insaat is involved in the construction work. The budget of the hotel project is $17m.

URL: http://www.today.az/news/business/22822.html

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