Hospitality company InterContinental Hotels Group (IHG) and developer and investor 5th Avenue Holding have signed a franchise agreement for a new Holiday Inn-branded hotel in Warsaw. The 370-room Holiday Inn Warsaw Mokotów hotel will be located on ul. Obrzeżna in the Mokotów district of the city and is to house one of the largest conference rooms in the Polish capital. It is scheduled to be completed in 2020. IHG currently has nine operating hotels in Poland with an additional seven under construction.