IHG Hotels and Resorts, in collaboration with hospitality and restaurant company Destination Group, has signed an agreement for Holiday Inn Resort Pattaya, in Thailand.

This deal marks the companies’ third collaboration for a conversion property in the country, following the signing of Holiday Inn Resort Phuket Karon Beach and Holiday Inn Resort Phuket Surin Beach.

Holiday Inn Resort Pattaya is situated 10 minutes away from central Pattaya and 200m from Pratumnak Beach.

It is planned to undergo a transformation from its previous function as the Mountain Beach Resort and is scheduled to open late next year.

Upon completion, the new family-friendly hotel will have 318 rooms and suites.

It will also feature three restaurants and the brand’s signature hallmarks, including the KidSuite and Kids Stay and Eat Free programme.

IHG Hotels and Resorts stated that the latest signing marks a significant milestone in its strategic growth plans in the country.

With 34 hotels currently open and a pipeline of 37 properties, IHG aims to double the size of its estate in the next five years.

IHG Southeast Asia and Korea development senior director Saowarin Chanprakaisi said: “We are continuing to expand the well-loved Holiday Inn brand, especially in resort locations across Thailand.

"We’ve recently opened two wonderful Holiday Inn Resort properties in Koh Samui and Krabi and this signing brings us to more than 20 opened and pipeline Holiday Inn properties in the country.

“Pattaya is a fantastic destination where IHG is already a market leader thanks to wonderful properties including InterContinental Pattaya, Holiday Inn Pattaya, Holiday Inn Express Pattaya Central and the upcoming Kimpton Pattaya.”