Intercontinental Hotels Group News

InterContinental Hotels Group sees revenue rise as Americas spur growth

InterContinental Hotels Group sees revenue rise as Americas spur growth

23rd Feb 2016 in Hotel News

InterContinental Hotels Group has announced a strong performance for the 12 months to December 31st, revealing revenue per available room grew 4.4 per cent. Underlying fee revenue also rose eight per cent, to $1.35 billion, while underlying operating profit increased per cent to $650 million. Alongside a ten per cent increase in total dividends, the company announced a $1.5 billion special dividend. → Read More

IHG signs Hotel Indigo Stratford-upon-Avon

IHG signs Hotel Indigo Stratford-upon-Avon

22nd Feb 2016 in Hotel News

InterContinental Hotels Group has sign a deal for Hotel Indigo Stratford-upon-Avon, UK. The hotel will operate under a franchise agreement with St James’s Hotel Group and open in early 2018. Just as no two neighbourhoods are alike, no two Hotel Indigo properties are alike. → Read More

InterContinental signs dual branded Heathrow Airport property

InterContinental signs dual branded Heathrow Airport property

12th Feb 2016 in Airline NewsHotel News

InterContinental Hotels Group has announced the signing of a dual branded hotel development near Heathrow Airport, London. The two hotels Holiday Inn London - Heathrow Bath Road and Staybridge Suites London - Heathrow Bath Road will operate under a franchise agreement with Bathroad Corp Sarl. → Read More

IHG brings Next Generation Holiday Inn Express to market

IHG brings Next Generation Holiday Inn Express to market

5th Jan 2016 in Hotel News

Travellers from all walks of life can now benefit from a ‘Next Generation’ guest experience when staying with Holiday Inn Express, a new brand from InterContinental Hotels Group unveiled earlier. Modelled entirely on guest insight, the Holiday Inn Express brand’s Next Generation guest experience has been developed with industry-leading experts to meet the changing needs of today’s ‘Smart Travellers’, those who appreciate functional and thoughtful design tied in with an efficient and friendly service. → Read More

InterContinental signs on for dual brand Heathrow location

InterContinental signs on for dual brand Heathrow location

1st Dec 2015 in Airline NewsHotel News

InterContinental Hotels Group has announced an exclusive agreement with Heathrow Airport, to develop two hotels directly connected to London Heathrow Terminal 4. The two adjoining hotels, Crowne Plaza London - Heathrow Terminal 4 and Holiday Inn Express London - Heathrow Terminal 4, are due to open in 2018. The new hotels will operate under a franchise agreement with IHG and will be managed by Arora Hotels, a division of The Arora Group. → Read More

Breaking Travel News investigates: Staybridge Suites, Liverpool

Breaking Travel News investigates: Staybridge Suites, Liverpool

7th Oct 2015 in Focus

Located on the famous King’s Waterfront in Liverpool only 200 metres from Albert Dock, Staybridge Suites Liverpool is ideal for business travellers and leisure guests looking for a welcoming ‘home away from home’. The 132 studio and one-bedroom suite hotel offers spacious apartment-style living with modern amenities and hotel services, creating a home-like environment for extended stay guests. Here Breaking Travel News editor Chris O’Toole calls in for the night. → Read More

IHG unveils dual-brand hotel development in Munich

IHG unveils dual-brand hotel development in Munich

30th Sep 2015 in Hotel NewsTourism News

InterContinental Hotels Group has announced the signing of a dual branded hotel development in Munich, Germany. The two hotels - Holiday Inn Munich City - East and Holiday Inn Express Munich City - East will operate under a franchise agreement with Primestar Hotel Group. Due to open in early 2018, the hotels are located within walking distance from Berg am Laim S bahn Train Station. → Read More

Carlson Wagonlit Travel maintains IHG contract

Carlson Wagonlit Travel maintains IHG contract

Carlson Wagonlit Travel will continue to manage the travel programme for InterContinental Hotels Group across the globe, including the UK. CWT has held the contract for IHG’s global business travel since 2009 and will continue to do so until at least 2017. → Read More

Supreme Key consortium snaps up InterContinental Hong Kong for $940m

Supreme Key consortium snaps up InterContinental Hong Kong for $940m

10th Jul 2015 in Hotel News

InterContinental Hotels Group has agreed to sell its ownership interest in InterContinental Hong Kong to Supreme Key for US$938 million. The buyer, a consortium of investors advised and managed by Gaw Capital Partners, has paid a cash deposit to IHG of $94 million, with the remaining proceeds payable in cash on completion. Supreme Key has also made a further commitment to invest in a significant refurbishment of the hotel. → Read More

Two further IHG properties set for Manchester opening

Two further IHG properties set for Manchester opening

24th Feb 2015 in Hotel News

InterContinental Hotels Group has announced the signing of two further hotels for Manchester, continuing the growth of its UK estate. The Crowne Plaza Manchester – Oxford Road and Staybridge Suites Manchester – Oxford Road properties are being built as part of The University of Manchester‘s £1 billion campus development. → Read More

‘Excellent year’ drives up profits at InterContinental Hotel Group

‘Excellent year’ drives up profits at InterContinental Hotel Group

17th Feb 2015 in Hotel News

InterContinental Hotels Group has reported an “excellent year”, with strong financial performance and the continued delivery of winning strategy. Releasing results for the year to December 31st, IHG said underlying annual operating profit rose to $648 million at constant currency rates, on revenue up six per cent to $1.67 billion. → Read More

IHG agrees to acquire Kimpton for $430m in cash

IHG agrees to acquire Kimpton for $430m in cash

16th Dec 2014 in Hotel News

InterContinental Hotels Group has agreed to acquire Kimpton Hotels & Restaurants for $430 million in cash. Kimpton, a fully asset-light business, is the world’s largest independent boutique hotel operator and a sophisticated food and beverage operator. It presently manages 62 hotels in the most attractive cities and resorts in the US with a further 16 hotels in the pipeline. → Read More

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