Holiday Inn Express Singapore Orchard Road is to have 220 rooms and will be developed in the city’s present Wellington Building.
IHG Asia Australasia managing director Jan Smits said: "Opening the first Holiday Inn Express in Singapore here will present a compelling option for our guests."
The project is a partnership between IHG and Valeside Pte, a member of the Chee Swee Cheng Group of Companies.
A second agreement with the Chee Swee Cheng Group is also being signed for a Holiday Inn Express in Kota Kinabalu, Malaysia.
Three other Holiday Inn Express hotels are being developed in Bangkok and are scheduled to open over the coming years.