InterContinental Hotels Group (IHG) have announced the signing of two new Holiday Inn Express hotels in Managua, Nicaragua and Tegucigalpa, Honduras.

Both properties are slated to open in 2014.

“Managua and Tegucigalpa are excellent examples of emerging cities that support the growth of the Holiday Inn brand family in the region,” said Joel Eisemann, chief development officer, IHG, the Americas.

Together, the two Holiday Inn Express hotels will add 220 rooms to IHG’s existing Holiday Inn brand in the Latin America and Caribbean region.

“Bringing more hotel rooms to these vibrant cities will promote tourism, business and corporate growth,” said Alvaro Diago, COO, Latin America and Caribbean at IHG.

The 110-room Holiday Inn Express Hotel Managua will be situated in an upscale district of Nicaragua’s capital – close to shops, corporate buildings and restaurants.

This seven-story new build will also feature a fitness center, outdoor swimming pool and private parking area. Sharing similar characteristics, the 110-room, seven-story Holiday Inn Express Hotel Tegucigalpa will be located in one of the Honduran capital city’s most prestigious neighborhoods – just a few blocks away from the Presidential Palace.

Holiday Inn Express, www.ihg.com