In Europe, Middle East and Africa InterContinental Hotels Group (IHG) accelerates the expansion of its brand portfolio with a series of over 100 development deals.
New openings for 2005 to date comprise:
5 InterContinental hotels in Egypt, Cyprus, Germany and Jordan
4 Crowne Plaza hotels in Finland, Slovak Republic and UK
26 Holiday Inn hotels in France, Germany, Russia, Kuwait, Italy, Finland, UK and UAE
14 Express by Holiday Inn hotels in Czech Republic, France, Germany, Italy, Spain and UK
In the pipeline with contracts already signed are a further 80 hotels:
8 InterContinental hotels in Egypt, Saudi Arabia, Spain, Nigeria, Kuwait, UAE and Serbia & Montenegro
9 Crowne Plaza hotels in Italy, Spain, Jordan, Czech Republic, UAE and UK
28 Holiday Inn hotels in Bulgaria, Egypt, France, UK, Finland, Germany, Italy, Kuwait, Poland, Spain, Russia, Nigeria, Austria, Jordan, Serbia & Montenegro, Ukraine, and Azerbajdjan
30 Express by Holiday Inn hotels in France, Germany, Italy, Republic of Ireland, Spain and UK
2 Staybridge Suites in UK
Richard Hartman, Managing Director for InterContinental Hotels Group in Europe, Middle East and Africa (EMEA) commented: “The strength, recognition and perception of our hotel brands are evident in the number of development deals we have secured for 2005 and the forthcoming years. It is also recognition that our conversion of incremental revenue to income profit is one of the highest in the industry. We are clearly seen as a company which is an effective business operator with brands that achieve results.”
InterContinental Hotels Group currently has 618 hotels with over 108,507 rooms in Europe, Middle East and Africa.
InterContinental Hotels Group PLC
of the United Kingdom [ is the world's largest hotel group by number of rooms. InterContinental Hotels Group owns, manages, leases or franchises, through various subsidiaries, almost 3,600 hotels and 539,000 guest rooms in nearly 100 countries and territories around the world. The Group owns a portfolio of well recognised and respected hotel brands including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel IndigoTM, and also manages the world's largest hotel loyalty programme, Priority Club® Rewards, with over 27 million members worldwide. In addition to this, InterContinental Hotels Group has a 47.5% interest in Britvic, one of the two leading manufacturers of soft drinks, by value and volume, in Great Britain. InterContinental Hotels Group offers information and online reservations for all its hotel brands at www.ichotelsgroup.com and information for the Priority Club Rewards programme at www.priorityclub.com