IHG will open its first Australian dual-branded hotel in 2022, with the signing of Hotel Indigo Melbourne Little Collins and Holiday Inn Melbourne Bourke Street Mall.

Currently trading as The Walk Arcade, the property will front onto Bourke Street Mall on one side and Little Collins St on the other, allowing Holiday Inn to make the most of the pedestrianised retail haven and Hotel Indigo to bring the edgy laneway neighbourhood to life.

The $200 million mixed-use development will include international retail flagship stores and a combined 453-room hotel (181 in Hotel Indigo and 272 in Holiday Inn), which will feature F&B outlets, a gym, meeting spaces and a unique and distinct guest lobby and room experience for each brand. The overall development will enjoy shared back-of-house services and facilities that create common-sense efficiencies.

“This long-term deal means Hotel Indigo and Holiday Inn will have a presence in the heart of Melbourne CBD for many years to come,” he said.

Hotel Indigo Melbourne Little Collins is the second Hotel Indigo to be signed in Melbourne and the fourth in Australia, following Brisbane’s Fortitude Valley, Sydney’s Central precinct, and Melbourne’s Docklands.

Holiday Inn Melbourne Bourke Street Mall complements the 16 Holiday Inn hotels already open across Australasia, including Holiday Inn Melbourne on Flinders, and is the latest in a string of Holiday Inn signings including Sydney Central, Melbourne Werribee and Geelong.