IHG Expands the Holiday Inn® Brand Family in Brazil

  IHG Expands the Holiday Inn® Brand Family in Brazil

              Two new hotels mark IHG’s return to Rio de Janeiro

Business Wire

MIAMI -- February 24, 2014

InterContinental Hotels Group (IHG) (LON:IHG), (NYSE:IHG) (ADRs), one of the
world’s largest hotel companies, makes its return to the Rio de Janeiro market
with the signing of the new-build Holiday Inn® Porto Maravilha and Holiday Inn
Express® Porto Maravilha hotels. The 32-story hotels will be located in Rio de
Janeiro’s revitalized downtown area of Porto Maravilha. The hotels, owned by
Odebrecht Realizaçöes Imobiliárias and FII PM Caixa Fundo de Investimento
Imobiliário Porto Maravilha, will be managed by IHG.

IHG announces expansion of Holiday Inn® brand family in Brazil with the
signing of the new-build Hol ...

IHG announces expansion of Holiday Inn® brand family in Brazil with the
signing of the new-build Holiday Inn® Porto Maravilha and Holiday Inn Express®
Porto Maravilha hotels. (Photo: Business Wire)

“We see great potential for our brands in Brazil,” said Joel Eisemann, chief
development officer, the Americas, IHG. “The redevelopment plan in Porto
Maravilha aims to restorethe city’s heritage while enhancing the city through
new structures and economic opportunity. We are delighted to serve as a part
of the city’s revitalization and for the opportunity to reenter the booming
Rio de Janeiro market during a time of such promising evolution.”

The 244-room Holiday Inn® Porto Maravilha and 350-room Holiday Inn Express®
Porto Maravilha will be situated in the heart of Porto Maravilha. Museums,
parks and new restaurants are opening nearby as the area undergoes its
restoration plan before the 2016 Summer Olympics is hosted in Rio de Janeiro.
Both hotels are expected to open by July 2016 for the Olympic games.

“We have a long and successful history in Brazil, and the addition of Holiday
Inn and Holiday Inn Express hotels in Rio de Janeiro is in line with IHG’s
strategy to expand our portfolio in all key markets across the region,
specifically in Brazil,” said Alvaro Diago, chief operating officer, Latin
America and the Caribbean, IHG. “Porto Maravilha is a key strategic city that
will continue to grow in importance for both business and leisure travelers.”

The new hotels will be designed in line with the Holiday Inn Brand Family’s $1
billion global brand relaunch, the largest project of its kind in hospitality
history. The relaunch continues to drive increased quality and consistency
across the global portfolio and comprises emphasis on arrival and welcome
services, guestroom and guest bath comfort and a redesigned logo and signage.
Both hotels will share the same tower and operational area, allowing the
operational synergies and economies of scale to manage these properties.

Holiday Inn and Holiday Inn Express brand hotels feature an atmosphere that is
warm, trend forward and comfortable. Guest beds are made using crisp, white
bedding with pillows that come in two comfort levels: “soft” and “firm.” The
residential design will include business-focused necessities such as an
ergonomic workstation and data ports. The bathrooms include a multifunctional
showerhead, as well as a signature shower curtain with curved shower rod, and
bath amenities. Additionally, each room will feature standard Holiday Inn and
Holiday Inn Express brand guestroom accommodations – comfortable double, queen
or king-sized beds, a sitting area with a lounge chair, hairdryer, micro
fridge, coffee maker, iron and ironing board.

The Holiday Inn and Holiday Inn Express brands are part of IHG, which is
celebrating its 10 year anniversary as a global standalone hotel company this
year. IHG’s broad family of nine brands in nearly 100 countries and
territories, meets the needs of guests, whatever the occasion – whether an
overnight getaway, a business trip, a family celebration or a
once-in-a-lifetime experience. The Holiday Inn and Holiday Inn Express brands
participate in IHG’s hotel rewards program, IHG^® Rewards Club. The industry’s
first and largest hotel rewards program with 76 million members is free, and
guests can enroll at ihgrewardsclub.com, or by inquiring at the front desk of
any of IHG’s more than 4,600 hotels worldwide.

About Holiday Inn hotels

With over 1,200 hotels worldwide, the Holiday Inn^®brand is the most widely
recognized lodging brand in the world. In fact, the Holiday Inn brand was one
of the first international hotel brands to establish a presence in China in
1984. The Holiday Inn brand provides the services that business travelers
need, while also offering a comfortable atmosphere where all people can relax
and enjoy amenities such as restaurants and room service, swimming pools,
fitness centers and comfortable lounges. The casual atmosphere and amenities
such as meeting and on-site business facilities, Kids Eat and Stay Free
programs, and KidSuites rooms at every Holiday Inn Resort hotel demonstrates
the long-standing commitment of the Holiday Inn brand to serving travelers and
have helped to establish the brand as “America’s Favorite Hotel.” For more
information about Holiday Inn and Holiday Inn Resort, including IHG’s vacation
resort brand Holiday Inn Club Vacations, or to book reservations,
visitwww.ihg.com/holidayinn. Find us on Twitter

About Holiday Inn Express hotels

Holiday Inn Express® hotels are modern hotels for value-oriented travelers.
Fresh, clean and uncomplicated, Holiday Inn Express hotels offer competitive
rates for both business and leisure travelers. Guests Stay Smart® at Holiday
Inn Express hotels where they enjoy a free hot Express Start® Breakfast Bar,
free high-speed Internet access and free local phone calls (US and Canada
only). There are currently more than 2,200 Holiday Inn Express hotel locations
around the globe. For more information about Holiday Inn Express hotels or to
book reservations, visit www.hiexpress.com. Find us on Twitter

About IHG

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global
organization with a broad portfolio of 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 manages IHG® Rewards Club, the world’s first and largest hotel loyalty
program with over 76 million members worldwide. The program was relaunched in
July 2013, offering enhanced benefits for members including free internet for
Elites across all hotels, globally.

IHG franchises, leases, manages or owns over 4,600 hotels and 679,000 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.

Visitwww.ihg.comfor hotel information and reservations
andwww.ihgrewardsclub.comfor more on IHG Rewards Club. For our latest news,

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