Hospitality Industry News
London – 21 February 2017 – InterContinental Hotels Group reported a slightly better-than-expected yearly profit rise and said it would return US$400 million to investors via a special dividend and share consolidation. IHG, which runs hotels under brands such as Crowne Plaza, Holiday Inn and InterContinental, posted a 4
Hospitality Industry News
London – 3 January 2016 1InterContinental Hotels Group kicks off the year with a strong showing with stocks rising 4.4 percent to hit at an all-time high after Barclays upgraded the company to “overweight” from “equal-weight”. Barclays sees IHG as the best sector play on a potential rebound
Hospitality Industry News
Laos – 6 December 2016 1InterContinental Hotels Group signs a management agreement with Lao International Development to open the first InterContinental hotel in Laos. Set to open in 2021, the new-build InterContinental Vientiane will join Crowne Plaza Vientiane to be the second hotel managed by IHG in the capital city.
Hospitality Industry News
Brisbane, Australia – 30 November 2016 1InterContinental Hotels Group and Pointcorp sign a management agreement for a new-build Hotel Indigo in Brisbane’s cultural and creative heartbeat – Fortitude Valley. The 140-room hotel on 458 Brunswick Street is the first Hotel Indigo signing for Australia and New Zealand and is
Hospitality Industry News
Munich, Germany – 7 October 2016 1InterContinental Hotels Group (IHG) announced that it now has over 100 hotels that have been signed or opened in Germany, one of the company’s ten global key markets. Holiday Inn Express Munich City – West, opening this month, has been unveiled as the hotel that
Hospitality Industry News
Frankfurt, Germany – 4 October 2016 1Fast expanding German hotel group Novum breaks it’s own record announcing project No. 100. A Indigo hotel and Staybridge Suites, first serviced apartment house of its kind, will open end of 2018 in the financial city centre of Frankfurt. Novum is franchise partner of
Hospitality Industry News
1InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, today announces that Ranjay Radhakrishnan has been appointed Chief Human Resources Officer. He will join the business on 1st December and will become a member of IHG’s Executive Committee, replacing Tracy Robbins who stepped down from the
Hospitality Industry News
1InterContinental Hotels Group celebrates World Water Week by providing detail on the progress made with its leading global water stewardship programme, as well as a number of other water-related initiatives. In partnership with global water-use experts, Water Footprint Network (WFN), IHG has mapped its global estate of more
Hospitality Industry News
1InterContinental Hotels Group appoints Jacque Riley as brand director, Kimpton Hotels & Restaurants Europe. In this newly created role, Riley reports direct to Tom Rowntree – VP brand management, luxury & boutique brands, Europe. IHG acquired Kimpton Hotels & Restaurants in 2015 and recently announced the signing of Kimpton Paris as
Hospitality Industry News
1InterContinental Hotels Group opens the EVEN Hotels brand’s fourth hotel and second New York City location, the 202-room flagship EVEN Hotels Brooklyn. Located at 46 Nevins Street in Downtown Brooklyn, the hotel is adjacent to IHG’s Holiday Inn Brooklyn Downtown, which opened in April. EVEN Hotels, IHG’
Hospitality Industry News
1InterContinental Hotels Group signs a global partnership with Alipay, China’s leading third-party online payment solutions company. It makes IHG the first global hotel company to give Chinese guests the ability to pay via Alipay through all of IHG’s online and mobile channels, as well as across its
Hospitality Industry News
InterContinental Hotels Group signs the Holiday Inn Express Asuncion Aviadores, the first Holiday Inn Express hotel in Paraguay. The new-build 120-room hotel will be centrally located in Paraguay’s capital city of Asuncion, and joins IHG’s Crowne Plaza Asuncion hotel, already open in Paraguay. Expected to be