IHG Signs Third Holiday Inn Property in Madrid

                IHG Signs Third Holiday Inn Property in Madrid

  PR Newswire

  LONDON, December 14, 2012

LONDON, December 14, 2012 /PRNewswire/ --

- Holiday Inn Madrid Calle Alcala to open in 2013

IHG (InterContinental Hotels Group),one of the world's leading global hotel
companies, today announcedthe signing of its third Holiday Inn hotel in
Madrid, the Holiday Inn Madrid Calle Alcala.

Holiday Inn Madrid Calle Alcala will open in April 2013, following a
conversion from a Velada hotel and will operate under a franchise agreement
with Rentas Hoteleras Socimi S.A.

The 261 room hotel will feature 17 meeting rooms varying from 50m² to 1350m²
in size, as well as a restaurant and bar area. The hotel's central location is
ideal for business and leisure travellers alike, with easy connections to both
the city centre and airport.

IHG's Director of Development for Spain and Portugal, Hylko Versteeg, said the
signing of the Holiday Inn Madrid Calle Alcala built Holiday Inn's presence
throughout Spain, and strengthened the brand's presence in Madrid.

"We have 29* Holiday Inn brand family hotels (Holiday Inn and Holiday Inn
Express) in Spain. Holiday Inn hotels are specifically designed for business
and family oriented leisure travellers in need of a full-service lodging
experience. Holiday Inn celebrated its 60 ^th anniversary this year, and it
is the largest and most recognised hotel brand in the world with over 434, 357
rooms in 100 different countries. Every year 100 million people stay at a
Holiday Inn brand family hotel around the world - they know they can expect a
consistent, refreshed experience wherever they are."

Owner and Managing Director Velada HotelesAlvaro Ventero said he was pleased
to have signed the agreement with IHG.

"Holiday Inn is an iconic hotel brand known throughout the world, and has
always represented quality and comfort. We'relooking forward to showing guests
at the Holiday Inn Madrid Calle Alcala the very best of the Holiday Inn
experience."

IHG has 34 hotels* (4,257 rooms) open in Spain, with another 3 in the
pipeline* that will open in the next 3 to 5 years.

All Holiday Inn hotels participate in IHG's guest loyalty programme, Priority
Club Rewards, the industry's first and largest guest loyalty programme with 69
million members worldwide.

*Figures as at September 2012, IHG Q3 results

Notes to Editors:

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global
organisation with nine hotel brands including InterContinental® Hotels &
Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels
and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®,
EVEN™ Hotels and HUALUXE™ Hotels & Resorts. IHG also manages Priority Club®
Rewards, the world's first and largest hotel loyalty programme with over 69
million members worldwide. IHG franchises, leases, manages or owns over 4,500
hotels and more than 672,000 guest rooms in nearly 100 countries and
territories. With more than 1,000 hotels in its development pipeline, IHG
expects to recruit around 90,000 people into additional roles across its
estate over the next few years. InterContinental Hotels Group PLC is the
Group's holding company and is incorporated in Great Britain and registered in
England and Wales. Visit http://www.ihg.com for hotel information and
reservations and http://www.priorityclub.com for more on Priority Club
Rewards. For our latest news, visit http://www.ihg.com/media ,
http://www.twitter.com/ihg , http://www.facebook.com/ihg or
http://www.youtube.com/ihgplc .

IHG Online Press Office: http://www.ihgplc.com/media

Contact: Madeleine Haden, Corporate PR Manager, Europe, IHG, Broadwater Park,
Denham, Buckinghamshire, United Kingdom, UB9 5HR; Tel: +44(0)1895-512820, Mob:
+44(0)7736-746-068, http://www.ihgplc.com, @ihgplc
 
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