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From "Corncob" to Luxury: Yerevan to become home of Intercontinental

A world-known hotel chain announced today its intentions to add Armenia to its family of luxury properties.

InterContinental Hotels Group (IHG) plans to open a 225-room hotel on the site previously held by the "Corncob" youth palace (so called for its distinct shape). The hotel is planned to open in 2010, and would be only the third internationally-recognized name in Armenia, following Marriott, which took over management of the Hotel Armenia six years ago and added its name to the property in 2004, and Golden Tulip, management of the Yerevan and Congress hotels.

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