InterContinental Set to Return to Prague with New Luxury Hotel Opening in 2029

4 December 2025

IHG Hotels & Resorts is bringing the InterContinental brand back to Prague with the signing of a new 137-room luxury hotel in the city’s historic centre. Scheduled to open in the first half of 2029, the property will occupy a landmark building in Old Town at Jeruzalemska 8, part of a portfolio managed by Generali Real Estate.

The building, which dates to 1839, has served various roles through the centuries — from theatre and dance hall to office space — and will undergo a full redevelopment to accommodate the hotel. Located near Prague’s main railway station, the future InterContinental Prague will offer strong transport connections and walking access to major attractions including Old Town Square, the Astronomical Clock and Charles Bridge.

Plans for the property include a luxury spa and wellness area, a pool, a bar and restaurant, Club InterContinental lounge, and conference facilities. The design will also incorporate a private garden intended as a quiet retreat for guests and local visitors.

Willemijn Geels, Vice President of Development for Europe at IHG Hotels & Resorts, said the agreement marks “a key moment in our Central and Eastern European development strategy” and strengthens the company’s luxury presence across the region. “Together with Generali Real Estate, we are taking a pivotal step toward delivering an unparalleled InterContinental experience in the vibrant heart of Prague,” she added.

Ramon Spoladore, Head of CEE & Nordics at Generali Real Estate, said transforming the historic building into a luxury hotel reflects the company’s confidence in Prague’s long-term appeal. “Prague is one of Europe’s most iconic cities and continues to attract international visitors for its culture and high quality of life. We are proud to become the new home of the InterContinental hotel in Prague and contribute to shaping a new hospitality landmark for Central Eastern Europe,” he noted.

InterContinental Prague will join IHG’s existing footprint in the Czech capital, which includes Holiday Inn Prague Congress Centre and Holiday Inn Prague Airport. Across Europe, IHG counts 34 InterContinental hotels already open and 67 luxury and lifestyle properties currently in development, reinforcing the brand’s expansion strategy. The new Prague location will also join other InterContinental hotels in Central and Eastern Europe, including those in Sofia, Warsaw, Bucharest and Budapest.

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