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InterContinental Hotels Group PLC Board Updates

InterContinental Hotels Group ("IHG") [LON:IHG, NYSE:IHG (ADRs)] today announces:
Tags: Travel, InterContinental Hotels Group IHG, IHG NYSE, InterContinental Hotels Group PLC Board Updates


InterContinental Hotels Group PLC Business Update

InterContinental Hotels Group ("IHG") [LON:IHG, NYSE:IHG (ADRs)] provides a business update in light of the rapidly evolving situation regarding Covid-19.
Tags: Travel, Ihg, InterContinental Hotels Group IHG, IHG NYSE, InterContinental Hotels Group PLC Business Update


IHG® and Orange Lake Resorts Extend Holiday Inn Club Vacations® Brand Strategic Alliance for 100 Additional Years

Orange Lake Resorts, home to the Holiday Inn Club Vacations® brand and IHG® (InterContinental Hotels Groups) [LON: IHG, NYSE: IHG (ADRs)], today announced the unprecedented 100-year extension of its strategic alliance. The new agreement gives Orange Lake Resorts exclusive global rights to develop and sell timeshare interests under the Holiday Inn Club Vacations brand until 2119, meaning the company can expand its current resort network outside the United States.
Tags: Travel, Ihg, Holiday Inn Club Vacations, IHG NYSE, Orange Lake Resorts


IHG launching new hotel brand

Intercontinental Hotels Group, whose American headquarters are based in Atlanta, will introduce a new midscale hotel brand. IHG (NYSE: IHG) will target more than 14 million guests in the underserved midscale market, which is worth an estimated $20 billion. The brand, code-named "Project Horizon," is expected to be franchise-ready by fall 2017, with the first hotels under construction in early 2018 and opening in 2019. Its name and logo will be unveiled later this year. The hotel brand will ha...
Tags: Atlanta, Ihg, InterContinental Hotels Group, IHG NYSE


IHG announces sale of InterContinental Hong Kong for $938 million

InterContinental Hotels Group PLC [LON:IHG, NYSE:IHG (ADRs)] today announces that it has agreed to sell IHG's ownership interest in InterContinental Hong Kong (the "Hotel") to Supreme Key Limited, a consortium of investors advised and managed by Gaw Capital Partners (the "Buyer"), for a gross purchase price of US$938m. The Buyer has paid a cash deposit to IHG of $94m, with the remaining proceeds payable in cash on completion.
Tags: Hong Kong, US, Ihg, InterContinental Hotels Group PLC, IHG NYSE, Gaw Capital Partners the Buyer


IHG Announces the Opening of a New Holiday Inn Express Hotel in Yopal, Colombia

InterContinental Hotels Group (IHG)(LSE:IHG)(NYSE:IHG)(ADRs), one of the world's leading hotel companies, announces the opening of the Holiday Inn Express® hotel in Yopal, Colombia. Located approximately 200 miles from Bogota in the northeastern region of Colombia, the new-build, 89-room hotel is situated in downtown Yopal, the capital city of the Department of Casanare. Well-situated to meet the needs of travelers to the area, the Holiday Inn Express Yopal is located near four major inte...
Tags: Colombia, Ihg, Bogota, IHG NYSE, Yopal Colombia, InterContinental Hotels Group IHG LSE, Yopal Colombia Located, Yopal, Department of Casanare Well, Holiday Inn Express Yopal, Halliburton Perenco Equion