InterContinental Hotels Group PLC engages in the hotel business. The company primarily franchises its brands to, and manages hotels on behalf of, third-party owners. In 2014, the company franchised 4,096 hotels (514,984 rooms); managed 735 hotels (192,121 rooms); and owned and leased 9 hotels (3,190 rooms). In January 2015, the company acquired Kimpton Hotels & Restaurants, an independent boutique hotel operator. The company operates hotels under various brands, including InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express, Staybridge Suites, Candlewood Suites, Hotel Indigo, EVEN, HUALUXE, and Kimpton. The company also manages IHG Rewards Club, a hotel loyalty program. The company operates in approximately 100 countries and territories. Its markets include the U.S., the Middle East, Germany, the U.K., Canada, Greater China, India, Russia and the Commonwealth of Independent States, Mexico and Indonesia. Significant Events In May 2015, InterContinental Hotels Group has opened the very first Holiday Inn Express hotel in the Republic of South Korea, Holiday Inn Express Seoul Euljiro, located in the heart of the capital city. The 224-room hotel is nestled in a commercial and financial precinct between the Myeong-dong, Namsan and Dongdaemoon areas, known for their shopping options and sites of cultural and artistic significance. In May 2015, InterContinental Hotels Group announced the opening of the Holiday Inn Cúcuta hotel. The new build, 98-room hotel is IHG's first property in the city of Cúcuta and the fourth Holiday Inn hotel in Colombia. In June 2015, InterContinental Hotels Group announced that it has signed an agreement with Adyar Gate Hotels to bring in the first Crowne Plaza brand into Chennai. The 286-room Crowne Plaza Chennai Adyar Park would be the second IHG brand in Chennai, the first being the Holiday Inn Express Chennai Mahindra World City. In June 2015, InterContinental Hotels Group announced the opening of the new-build 120-room Staybridge Suites Seattle-Fremont hotel in the Seattle (Washington) neighborhood of Fremont. In June 2015, InterContinental Hotels Group PLC has announced the opening of InterContinental Dubai Marina hotel. InterContinental Dubai Marina is a132 guest room luxury hotel with 196 fully serviced InterContinental Residential Suites in the centre of one of Dubai's most popular and vibrant neighbourhoods. In June 2015, InterContinental Hotels Group's Hotel Indigo brand opens its first hotel in Maryland, the 162-room Hotel Indigo Baltimore - Mt. Vernon. Intercontinental Hotels Group plc has announced the opening of the Holiday Inn Cucuta hotel in Columbia. In June 2015, InterContinental Hotels Group (IHG) announced a new Holiday Inn hotel in downtown Montreal, Quebec, scheduled to open in the spring of 2017. In June 2015, InterContinental Hotels Group, or IHG, has opened the first Holiday Inn hotel in Tabuk, Saudi Arabia. The 90-room hotel close to the centre of Tabuk has well-connected transport links, with a number of international highways to Jordan, Egypt and Turkey a short drive from the hotel, and just 3km away from Tabuk airport. In July 2015, InterContinental Hotels Group has signed a management agreement with Grand Uniland Company Limited to open a new Holiday Inn Express hotel in the heart of Bangkok's Chinatown. In July 2015, InterContinental Hotels Group (IHG) announced the opening of the new-build 132-room Holiday Inn Express & Suites Chihuahua Juventud hotel. In July 2015, InterContinental Hotels Group announced the opening of the Holiday Inn Natal hotel. The new build, 216-room property is located in the northeastern city of Natal, in Brazil. In July 2015, InterContinental Hotels Group (IHG) announced the signing of InterContinental Bordeaux - Le Grand Hotel, France. In August 2015, InterContinental Hotels Group (IHG) announced the opening of the first Holiday Inn hotel in the Santa Fe district of Mexico City. The 95-room new-build property is located in west Mexico City, close to corporate offices, entertainment and shopping, including Centro Comercial Santa Fe. In August 2015, InterContinental Hotels Group (IHG) has signed a management agreement with U&N Hospitality Company Limited for a 222-room Holiday Inn Express on the popular Ao Nang Beach in Krabi, Thailand. InterContinental Hotels Group opened 18th ANA Crowne Plaza hotel in Okayama, Japan in 2015. In September 2015, InterContinental Hotels Group announced the signing of Hotel Indigo Berlin City - East Side, Germany. The new-build hotel is owned by Anschutz Entertainment Group (AEG) and would operate under a franchise agreement with multiple development agreement (MDA) partner Tristar Hotel Group. History InterContinental Hotels Group PLC was founded in 1967. The company was incorporated and registered in England and Wales in 2004 as a limited company under the Companies Act 1985.
intercontinental hotels grou
Denham, UB9 5HR
Phone: 44 18 9551 2000
|Paddy Power PLC||€104.40 EUR||+2.55|
|Starwood Hotels & Resorts Worldwide Inc||$69.60 USD||+1.56|
|William Hill PLC||352.60 GBp||+3.40|
|Wyndham Worldwide Corp||$74.98 USD||+1.13|
|Wynn Resorts Ltd||$63.94 USD||+0.42|
|View Industry Companies|
Sponsored Financial Commentaries
To contact INTERCONTINENTAL HOTELS GROU, please visit www.ihgplc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.