InterContinental Hotels Group (IHG) has signed a management agreement with Omenport Developments for a new Hotel Indigo property in London’s Clerkenwell.

The 151-room hotel will be the fifth in Hotel Indigo’s London portfolio and is expected to open in early 2021, according to IHG.

The Clerkenwell property will be located within walking distance of Farringdon, Barbican and Old Street stations. It will be housed inside a historic listed building that currently features the Hat & Feathers pub, which will be added on to by two new-build wings.

In addition to the guest rooms, the hotel will feature an all-day restaurant and five meeting rooms, as well as incorporating the existing pub.

Jon Colley, head of development, UK and Ireland at IHG, said: “We are excited to bring Hotel Indigo London – Clerkenwell into the portfolio. We are seeing strong growth in the boutique market in the UK and this hotel strengthens our position in the capital. This signing will join the newly opened Kimpton Fitzroy London and Hotel Indigo London – 1 Leicester Square to build out our boutique presence in the UK’s capital.”

IHG has 15 Hotel Indigo properties in the UK and a further seven in the pipeline, including the newly opened Stratford Upon Avon hotel and two others in Bath and Chester due to open later this year.

Hotel Indigo is IHG’s upscale boutique brand and now has more than 100 hotels in more than 15 countries. The group intends to double the brand’s portfolio over the next three to five years.

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