IHG, Shanghai Greenland ink deal

InterContinental Hotels Group (IHG) has inked four management agreements with leading real estate developer, Shanghai Greenland Group.

As per the agreement, the tallest InterContinental hotel worldwide will open in Nanjing, a CNY 3 billion Holiday Inn in Xian and two medium-end Express by Holiday Inn hotels in Shanghai, adding more than 1,400 rooms for the hotel group in the country.