20th Jun 2007 19:27
InterContinental Hotels Group (IHG) (LSE:IHG) (NYSE:IHG) (ADRs),the world's largest hotel group by number of rooms, today announcedthe opening of the Holiday Inn Express Hotel & Suites Medellin locatedat Carrera 43 A #1 Sur 124, El Poblado, La Strada, Medellin, Colombia.The hotel will be owned by Grupo Suites S.A. de CV, under a licenseagreement with a company in the InterContinental Hotels Group. £ The 19-story, 96-room hotel will be conveniently situated in theLa Strada complex, a new dynamic mixed-use development withresidential, commercial, restaurants and shopping venues located inthe upscale neighborhood of El Poblado. £ The Holiday Inn Express Hotel & Suites Medellin is the fourth IHGproperty in Colombia and the second IHG property in the city ofMedellin. IHG has had a 38-year presence in the city with theInterContinental Medellin, which celebrated a re-launch in 2006 afterundergoing a notable US$4 million renovation. £ "We are delighted to open this contemporary property in thethriving city of Medellin," said Alvaro Diago, area president, IHG,Latin America. "This hotel will add to the tremendous economic growthand increase in tourism that Medellin has been experiencing." £ The Holiday Inn Express Hotel & Suites Medellin will include fourmeeting rooms, an outdoor swimming pool, a fitness center, and arestaurant. £ "We are so excited to be opening a Holiday Inn Express inColombia, and we feel that this brand offers a new concept for thehospitality industry that this country has never seen before," saidMarta Luz Maya Londono of Grupo Suites S.A. "Additionally, we areextremely proud to be working with IHG on this new venture, as theyare considered experts in the hospitality industry around the globe." £ Holiday Inn Express is the modern hotel for value-orientedtravelers. Fresh, clean and uncomplicated, Holiday Inn Express hotelsoffer competitive rates for both business and leisure travelers.Holiday Inn Express is the fastest growing hotel brand in theindustry, opening on average two hotels a week. £ The Holiday Inn Express portfolio includes over 1,600 hotelsthroughout the world and 14 hotels in Latin America. In the past year,IHG has opened three Holiday Inn Express properties in Brazil and onein Puerto Montt, Chile. IHG also announced plans for the Holiday InnExpress San Jose - Forum and the Holiday Inn Express Santo Domingo inthe Dominican Republic. £ IHG has more than 160 hotels in Mexico, Central and South Americaand the Caribbean and has been serving Latin America for over 60years. IHG is the world's largest hotel group by number of rooms, andthe second largest hotel operator in Latin America. IHG has hotelssituated in nearly every key market in the Latin America territory. £ The Holiday Inn Express Hotel & Suites Medellin participates inPriority Club Rewards. With more than 33 million members, PriorityClub(R) Rewards is the first, largest and fastest-growing guestloyalty program in the hotel industry. Winner of the 18th AnnualFreddie Awards hotel loyalty "Program of the Year" and named "BestHotel Rewards Program in the World" by Global Traveler magazine,Priority Club Rewards offers more sought-after benefits and thegreatest ease of use of any hotel loyalty program. In addition toflexible features like No Points Expiration and No Blackout Dates,members have more options for points redemption than any other hotelloyalty program, including redemption at more than 500,000 lodgingestablishments worldwide - even at rivals' hotels - through theindustry-leading "Any Hotel, Anywhere" reward, as well as the optionto redeem points for airline miles on more than 40 partner airlines,for auto rentals, for gift certificates and for hundreds of productsavailable in the Rewards Catalog. £ Enrollment in Priority Club Rewards is free. Guests can enroll bylogging on at priorityclub.com, by calling 1-888-211-9874 or byinquiring at the front desk of any of IHG's 3,700 hotels worldwide. £ Note to Editors: £ InterContinental Hotels Group PLC (IHG) of the United Kingdom(LSE:IHG) (NYSE:IHG) (ADRs) is the world's largest hotel group bynumber of rooms. IHG owns, manages, leases or franchises, throughvarious subsidiaries, over 3,700 hotels and more than 558,000 guestrooms in nearly 100 countries and territories around the world. IHGowns a portfolio of well recognized and respected hotel brandsincluding InterContinental(R) Hotels & Resorts, Crowne Plaza(R) Hotels& Resorts, Holiday Inn(R) Hotels and Resorts, Holiday Inn Express(R),Staybridge Suites(R), Candlewood Suites(R) and Hotel Indigo(R), andalso manages the world's largest hotel loyalty program, PriorityClub(R) Rewards with over 33 million members worldwide. £ The company pioneered the travel industry's first collaborativeresponse to environmental issues as founder of the InternationalHotels and Environment Initiative (IHEI). The IHEI formed thefoundations of the Tourism Partnership launched by the InternationalBusiness Leaders Forum in 2004, of which IHG is still a member today.The environment and local communities remain at the heart of IHG'sglobal corporate responsibility focus. £ IHG offers information and online reservations for all its hotelbrands at www.ihg.com and information for the Priority Club Rewardsprogram at www.priorityclub.com. £ For the latest news from IHG, visit our online Press Office atwww.ihg.com/media. Copyright Business Wire 2007Related Shares:
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