Prague Old Town InterContinental Hotel Opening 2029
Key points
- InterContinental Prague opening 2029 will convert an 1839 Old Town building into a 137 room luxury hotel
- The hotel at Jeruzalemska 8 in Prague 1 will sit near the main Railway Station and within walking distance of Charles Bridge and Old Town Square
- Facilities will include a spa with pool, Club InterContinental lounge, restaurant, bar, private garden, and conference space for business events
- The project, developed with Generali Real Estate, adds a top tier IHG luxury option alongside existing Holiday Inn properties in Prague
- InterContinental previously operated a different Prague hotel that now trades as the Fairmont Golden Prague after a full repositioning
Impact
- Where Impacts Are Most Likely
- Luxury travelers and IHG loyalists planning Prague stays from mid 2029 onward will gain a walkable Old Town option near the main Railway Station
- Best Times To Book
- Expect peak demand and higher rates in the first opening year, so travelers who want early access should book well ahead once reservations open
- Onward Travel And Location
- The Old Town address near rail links and major sights will suit travelers who want to rely on trains, trams, and walking instead of taxis
- What Travelers Should Do Now
- Travelers and advisors should track IHG announcements for construction milestones and opening offers, then compare this hotel with existing riverside and Old Town luxury options
- Loyalty And Pricing Factors
- IHG One Rewards members can plan to use points or chase opening promos, but should budget for premium pricing typical of new five star Old Town properties
InterContinental Prague opening 2029 will add a new luxury hotel to Prague, Czech Republic, as IHG Hotels & Resorts signs a deal to convert a 19th century building in the citys historic core. The 137 room property, in a structure dating to 1839, will give high end travelers another base in Old Town once it opens in the first half of 2029. For visitors and advisors planning future Central European itineraries, the project is a signal to watch pricing, loyalty opportunities, and neighborhood dynamics around the new address.
The InterContinental Prague opening in 2029 will turn a former mixed use historic building near the heart of Old Town into a full service luxury hotel, reshaping how IHG fans and other upscale travelers plan stays in the Czech capital.
Located at Jeruzalemska 8 in Prague 1, the future hotel sits within the Old Town street grid and close to the citys main Railway Station, which links directly to regional and international routes. IHG and its real estate partner say guests will be within walking distance of Charles Bridge, Old Town Square, and the Prague Astronomical Clock, which keeps the property firmly in the sightseeing core rather than on the citys fringe. For travelers who prefer to move mostly on foot, with trams or short taxi rides to fill in gaps, that combination of rail access and landmark proximity is a practical advantage.
IHG describes the building, which dates back to 1839, as part of a wider Generali Real Estate portfolio of prime four and five star assets across Europe. Over its lifetime, the structure has operated as a dance hall, a theatre, and more recently an office building, meaning the conversion to a hotel will involve a full internal rework while preserving key historic elements on the exterior. For travelers, that usually translates into a mix of modern room layouts and services wrapped in a façade that feels consistent with the surrounding Old Town streets.
Inside, plans call for 137 guest rooms and suites, a restaurant and bar, and the brands signature Club InterContinental lounge, plus conference facilities aimed at meetings and small events. Wellness is a major focus of the project, with IHG and its partners confirming a spa that includes a wellness area and pool, a feature that still sets some Prague luxury hotels apart in a largely historic building stock. A private garden, which the company says will be shared by guests and locals, should give the property some breathing room despite its urban footprint, and could become a selling point for travelers looking for quieter corners within walking distance of busy squares.
For IHG, the opening is also about shoring up its position in Central Europes competitive luxury scene. Today the group operates Holiday Inn Prague Congress Centre and Holiday Inn Prague Airport in the city, properties that serve conference traffic, business travelers, and airport users more than leisure guests focused on heritage and nightlife. Adding an InterContinental flag in Old Town gives the company a tiered portfolio in Prague that now stretches from airport to city center, giving loyalists more choice on how and where to earn and redeem IHG One Rewards points.
Background
InterContinental is not new to Prague, but its footprint has shifted. The citys best known former InterContinental tower, a 1970s brutalist high rise on the Vltava riverbank, reopened in April 2025 as the Fairmont Golden Prague after a long renovation, ending its decades long association with IHG and slotting it into Accors luxury portfolio. The building began life as Inter Continental Praha in the 1970s and was later rebadged InterContinental Prague before the brand exited and the owners pursued a different luxury partner.
The new InterContinental Prague project is therefore not a reflagging of that riverside hotel, but a fresh conversion of a different historic building several blocks away in Old Town. Travelers who remember the original InterContinental may find that Fairmont Golden Prague remains their closest match for that buildings riverside location and large scale, while the upcoming InterContinental will likely feel more embedded in the classic Old Town street network.
From a planning perspective, the 2029 opening date matters. Large historic conversions in dense European city centers have a tendency to slip, so travelers should treat the first half of 2029 as a target window rather than a firm promise and watch for construction updates over the next three years. Once bookings open, probably in 2028, early guests can expect some soft opening quirks, such as evolving service routines and incomplete landscaping, but also a better chance at introductory pricing or loyalty promotions before rates settle at full maturity.
The location near the main Railway Station and within walking distance of marquee sights will work best for travelers who plan to rely on public transport and walking rather than frequent ride hail trips. Airport access remains straightforward using existing rail and road links, and the station adjacency will make it a natural base for travelers pairing Prague with Vienna, Berlin, or Budapest by train. Meeting planners and corporate travelers with offices nearby will also get a new five star option, which could reshape where small conferences and executive retreats are hosted in the city.
For leisure travelers, the main decision will be whether to prioritize this new InterContinental Prague opening 2029 over existing Old Town and riverside luxury properties or to treat it as another high end option in an already crowded field. Prague now offers everything from the reinvented Fairmont Golden Prague and long established global brands to design forward independents, so advisors will want to compare room sizes, spa offerings, restaurant concepts, and loyalty ecosystems rather than assuming the new flag automatically commands a premium.
IHG One Rewards members who favor consistent brand standards and club lounges will likely see the new property as a natural choice for future Prague stays, especially if they can combine it with Holiday Inn nights on the same itinerary to structure elite qualifying activity. Travelers who care more about direct river views or specific architectural styles may still lean toward other addresses, but the Old Town location and full spa program will give InterContinental Prague a strong pitch once doors open. Between now and then, the practical move is to monitor IHG announcements, note when reservations open, and treat the first operating year as a period of both opportunity and adjustment.