IHG signs Reykjavik Valhöll Holiday Inn Express
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In 2025, IHG and ALVA Capital signed a development agreement planning to develop up to 500 rooms in Reykjavik and the Icelandic market. On October 27, 2026, the two parties further signed the Reykjavik Valhöll Holiday Inn Express, with 90 rooms, expected to open in the second half of 2027, which will become IHG's second hotel in Iceland. The hotel is located at Háaleitisbraut 1, adjacent to the airport main road, and adopts the latest Gen 5 design of the Holiday Inn Express brand.
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- IHG NewsroomIHG signs Holiday Inn Express Reykjavik Valhöll, second hotel in Iceland
IHG has signed the Holiday Inn Express Reykjavik Valhöll with ALVA Capital, featuring 90 rooms and expected to open in the second half of 2027, becoming IHG's second hotel in Iceland. The hotel will adopt the latest Gen 5 design of the Holiday Inn Express brand, located at Háaleitisbraut 1, adjacent to the airport main road. The two parties signed a development agreement in 2025, planning to develop up to 500 rooms in Reykjavik and the Icelandic market.