InterContinental Hotels Group, the world’s largest hotel group by number of rooms, is claiming the largest global pipeline in the industry.With 108,500 rooms (over 880 hotels) in its
global pipeline, IHG is optimistic it will achieve its target of 50,000 to
60,000 net room additions by the end of 2008.
“It is impressive when you consider that our global development pipeline
represents roughly the same number of hotels that some of our competitors
operate,” said Steve Porter, president, the Americas, IHG. “In 2005, IHG
signed 70,000 rooms worldwide - a jump of 57% over 2004. And of these, 50,000
were signed in the Americas region under the leadership of our SVP and Chief
Development Officer Kirk Kinsell.”
IHG’s portfolio is comprised of some of the strongest and most recognized
brands in the world: InterContinental Hotels & Resorts, Crowne Plaza Hotels &
Resorts, Hotel Indigo, Holiday Inn Hotels and Resorts, Holiday Inn Express,
Staybridge Suites and Candlewood Suites. The strength of IHG’s brands and
their performance continue to attract franchisees and developers to the
company’s offerings. In 2005, the Americas development team set a new record
for franchise growth and launched a proprietary, customizable management
product designed to help drive revenues for IHG-branded hotels. IHG’s The
Hotel Management Group unveiled its new offering The Performance Advantage(TM)
to the Americas on March 6, 2006.
The Hotel Management Group has a proven track record as one of the largest
hotel managers in the world and the largest manager of IHG brands with annual
revenues in excess of $2 billion. The Hotel Management Group portfolio
consists of more than 220 hotels in the Americas and takes pride in its
ability to provide solutions for any IHG branded-hotel in any place.