The scheme involved adding a further 60 bedrooms to the property, covering over three floors and including two new underground car parking decks and parking at surface level.
In addition, the lobby and dining areas have also been redeveloped.
MSM Contracts are also refurbishing and extending the Crowne Plaza property in Belfast for Andras Hotels, due for completion later this month.
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Both the Holiday Inn extension, as well as the Crowne Plaza scheme, are being funded by Danske Bank.
Rajesh Rana, Director of Andras Hotels, which owns and operates the Queen's Quarter Holiday Inn Express, said: "The past number of years have seen us invest over £25million into our properties and the economy of Belfast.
"Our extension at Holiday Inn Express will help meet the growing demand for mid-range hotel accommodation in the city, serviced by a corporate and leisure market who want a simple, engaging place to rest, recharge and work."
Lewis McCallan, Head of Relationship Management - Corporate Banking, Danske Bank said: "At Danske we are absolutely delighted to support the continued growth and success of Andras Hotels, another milestone in its journey with a market leading International brand.
"The extensions to Holiday Inn Express and Crowne Plaza will further enhance the already buoyant tourism and hospitality sector locally."
(LM)
