InterContinental Announce Sao Paulo Opening

22nd Sep 2003

The world`s most global hotel company, InterContinental Hotels Group (Lon:IHG)(NYSE:IHG)(ADRs), today announced the opening of the first Staybridge Suites by Holiday Inn in Latin America. Located in the heart of Sao Paulo`s financial district, the Staybridge Suites Century Plaza Sao Paulo is scheduled to open its doors this month.
The Staybridge Suites Sao Paulo marks a number of `firsts` for InterContinental Hotels Group, the internationally-renowned hotel company. This Staybridge Suites will be the first of its kind outside of North America, and the first to anchor a major mixed-use center, which includes two office buildings, expansive retail and entertainment.
The 356-suite, 31-story property is the centerpiece of the US$150 million mixed-use complex Brascan Century Plaza, developed by IHG`s long-standing Brazilian partner, Brascan Imobiliaria, one of the country`s leading developers. The development itself, Brascan Century Plaza was recently awarded the “Premio Master Imobiliario 2003,” recognizing it as one of Brazil`s top development projects.
The Staybridge Suites Sao Paulo also highlights the ongoing expansion of IHG`s Holiday Inn brand in Latin America. Staybridge Suites by Holiday Inn has been an extraordinary success story. The brand was seemingly unaffected by recent global travel industry slowdown, and has continued to expand at a rapid pace. Serving the growing segment of extended stay travelers, the Staybridge Suites made its first appearance in the United States at the end of the 1990`s. Today, with over 50 properties, it is one of the most attractive and modern all-suite hotel brands.
“This opening is yet another component of InterContinental Hotels Group`s commitment to continue expanding and diversifying its portfolio within Latin America,” says Alvaro Diago, Area President of InterContinental Hotels Group Latin America.
“With its prime location and superior amenities, the Staybridge Suites will create a new niche in this market, and will ideally complement upcoming additional openings of Holiday Inn properties in Sao Paulo.”
These include the opening of the convention-focused 780-room Holiday Inn Anhembi, and the Holiday Inn Jaragua, which is part of a major urban renewal project in Sao Paulo`s historic district.
The Staybridge Suites features the latest in in-room technology, including data ports for personal computers with high-speed Internet access and dual-line telephones with voice mail, throughout its 356-guest-suites.
The hotel also features a business center, complimentary breakfast, and a cutting-edge fitness center, conveniently located next to the city`s newest and finest dining, shopping and cultural attractions.
Many cities of Brazil have a dynamic industrial base, affording a particularly inviting setting for an increasing number of Holiday Inn hotels. “Brazil has proven to be a country that offers tremendous opportunities for our company, which is why we continue positioning ourselves as the mid-market leader in that region. We are optimistic about Brazil`s economic growth and we look forward to our continued presence there,” adds Diago.
The opening makes a total of 21 Holiday Inn properties within Latin America, a doubling of the region`s portfolio over the past four years.
For more than 50 years, InterContinental Hotels Group has been serving the needs of business and leisure travelers in Latin America and around the world. Today, the prestigious global chain has enhanced its offerings by building new hotels, upgrading many properties, and raising the bar for standards for service.
InterContinental Hotels Group

- InterContinental Hotels Group PLC of the United Kingdom owns, manages, leases or franchises more than 3,300 hotels and approximately 515,000 guest rooms in nearly 100 countries and territories around the world ( The Group owns a portfolio of well recognized and respected hotel brands including InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn, Express by Holiday Inn and Staybridge Suites, and also has a controlling interest in Britvic Soft Drinks Limited, the second largest soft drinks manufacturer by volume in the UK.
InterContinental Hotels Group offers information and reservations capability on the Internet - for InterContinental Hotels & Resorts, for Crowne Plaza Hotels & Resorts, for Holiday Inn hotels, for Express by Holiday Inn hotels, for Staybridge Suites by Holiday Inn hotels and for the Group`s rewards program, For the latest news from InterContinental Hotels Group, visit our online Press Office at



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