InterConti seals Milan Duomo deal

InterContinental has announced the signing of a management
agreement with Statuto Group for the new InterContinental Milan Grand
Hotel Duomo.Set on Milan’s spectacular Piazza Duomo, in a building dating back to
1860 that was originally built entirely from marble, the
InterContinental Milan Grand Hotel Duomo is scheduled to open in 2008
after a significant renovation.

IHG is working closely with Statuto Group to transform the existing
building - the Grand Hotel Duomo - into one of Europe’s finest hotels,
and to further establish the InterContinental hotel brand as a benchmark
of quality and luxury in Europe and around the world.


The Grand Hotel Duomo first opened as a luxury property in 1950 and has
welcomed guests including The Beatles, Ernest Hemingway and Giacomo
Puccini. Featuring 137 contemporary and stylish guest rooms, including
17 suites, the hotel will offer the facilities and luxury associated
with the InterContinental brand and, in doing so, will appeal to both
leisure and business travellers visiting the city.



Featuring a new top floor signature restaurant - with a soon-to-be named
leading chef - boasting fabulous views across the square, a spa and
health club, as well as three meeting rooms for corporate clients, the
renovation and re-design will work to complement Milan’s vibrancy and
will continue a long tradition of quality and excellence to become a
true landmark destination in the city.


Dominating the north side of the Piazza Duomo, with an impressive
terrace and unrivalled views of Milan’s Cathedral, the property will be
perfectly placed for guests eager to discover the city’s history and
culture.  Nearby highlights include the world-famous La Scala opera
house and an array of boutiques and fashion houses, while corporate
clientele will benefit from its location close to the city’s financial
district, just 20 minutes from Milan Linate airport and with good
connections to Milan’s underground system.


The announcement of the InterContinental Milan Grand Hotel Duomo
continues what has been a period of unprecedented growth for the
InterContinental brand.  This includes the recent opening of flagship
properties the InterContinental Boston and InterContinental London Park
Lane, as well as IHG’s first InterContinental hotel in Los Angeles. The
brand will continue its global expansion throughout 2007, including
three new openings planned in China, as well as the opening of the
InterContinental Dubai Festival City.


Jennifer Fox, Chief Operating Officer, InterContinental Hotels &
Resorts, Europe, commented:  “This is a major project for us; Italy is
an extremely important destination for InterContinental Hotels & Resorts
and we are absolutely delighted we have managed to secure such a great
location to further our brand presence in the country. We believe that
this new property will continue to strengthen our position in a market
to which we are committed and we are extremely proud to be working with
Statuto Group on the development.” 


Giuseppe Statuto, Chairman of Statuto Group, added: “We are delighted to
be working with InterContinental on this exciting development.  Milan is
a hugely popular leisure and business destination and we believe that
our development plans for the InterContinental Milan Grand Hotel Duomo
will ensure we lead the field in five-star accommodation.”