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Holiday Inn’s portfolio in Germany to be expanded

InterContinental Hotels Group has announced that it has signed a franchise agreement with Foremost Hospitality GmbH to introduce 20 new Holiday Inn and Holiday Inn Express properties across Germany's key cities by 2016.

Karl-Heinz Pawlizki, IHG's director of operations in Germany, commented: "As IHG's sixth biggest market globally by number of rooms and seventh by hotels, Germany remains a priority market for us and Foremost Hospitality an important strategic partner. With 55 hotels currently operating under the Holiday Inn brand family in Germany, this new agreement demonstrates our owner community's support of the worldwide relaunch of the Holiday Inn brand family. Furthermore, we believe this agreement will ensure we are ideally placed to continue our growth within one of Europe's best performing markets."

InterContinental Hotels Group is, it says, the world’s largest hotel group by number of rooms. IHG owns, manages, leases or franchises, through various subsidiaries, over 4,100 hotels and more than 600,000 guest rooms in nearly 100 countries and territories around the world. It has more than 1,700 hotels in its development pipeline, which will create 200,000 jobs worldwide over the next few years. (kbp)

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