Franchise news

27.09.2010

IHG signs eighteen new hotels in Europe

InterContinental Hotels Group (IHG), one of the world's largest hotel groups, has reported one of its most successful periods for hotel signings in Europe, adding 18 hotels to its European pipeline over the summer period. According to the information provided, the 2,375 new rooms are spread across the UK, Spain, Portugal, Germany, France, Russia and Turkey.

Kirk Kinsell, IHG's president for Europe, Middle East and Africa said, "These new signings demonstrate the confidence developers have in our brands and the strength of our marketing programmes. It's encouraging to see that we've been able to maintain momentum with our growth strategy across Europe and around the world.  As a business, we have continued to invest in the things that we believe make the biggest difference by strengthening our brands, increasing our scale and working more closely than ever with our hotel owners. This puts us in a great position to continue to take advantage of the market upturn and grow market share."

InterContinental Hotels Group is, it says, the world's largest hotel group by number of rooms. IHG franchises, leases, manages or owns, through various subsidiaries, over 4,500 hotels and more than 650,000 guest rooms in 100 countries and territories around the world. The Group owns a portfolio of hotel brands including InterContinental Hotels & Resorts, Hotel Indigo, Crowne Plaza Hotels & Resorts and Holiday Inn Hotels and Resorts. (kbp)

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