The 110-room hotel is located in San Pedro Sula, the industrial capital.
The hotel will generate 280 direct and indirect jobs.
Carlos Cácers, Holiday's marketing director, told Laprensahn.com "...they have 30 large suites ... it stands out from other hotels because it includes simply smart breakfast in all its rates, ... gymnasium, pool, conference rooms and parking for 120 vehicles".
The hotel chain InterContinental Hotels Group announced the signing of two contracts for Holiday Inn Express hotels in Managua and Tegucigalpa respectively.
In total the two properties represent an increase of 220 rooms for the Holiday Inn brand family in Latin America and the Caribbean, where there are currently 18 Holiday Inn Express hotels and 24 Holiday Inn hotels.
They built administrative offices, a conference center, a business center and a lounge bar and remodeled several areas.
The Holiday Inn has an occupancy rate of around 72% of its rooms, "which is very good, because we are a business hotel, and that percentage indicates that there are vacancies only on the weekends and that during the rest of the week we are almost full," commented the Hotel's general manager, Marcos Orantes.
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