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InterContinental Hotels Group Announces Re-Launch of the InterContinental Medellin; Promotora de Hoteles Medellin S.A. Invests More Than $4 Million to Update Medellin's Most Iconic Hotel

15th Sep 2006 18:47

InterContinental Hotels Group (IHG) (LSE:IHG) (NYSE:IHG)(ADRs), the world's largest hotel group by number of rooms, todayannounced the re-launch of the InterContinental Medellin. The hotelwas modernized through substantial renovations to elevate itsfacilities and meet the new requirements of InterContinental Hotels &Resorts. Promotora de Hoteles S.A., the hotel's owning company and anaffiliate of Grupo Empresarial Antioqueno, invested more than US $4million in this renovation. A re-launch event to celebrate the hotel'ssignificant milestone was held recently.£ Nearly 1,000 guests joined the Mayor of Medellin, Sergio FajardoValderrama, and the Governor of the State of Antioquia, Anibal GaviriaCorrea to celebrate the re-launch of the hotel.£ Located in a residential neighborhood called, El Poblado, since1970, the InterContinental Medellin is situated on a mountainside andenjoys sweeping views of both the city and the valley. The 294-roomhotel has been an iconic symbol of the city of Medellin and itshistory over the past three decades.£ "The InterContinental Medellin's recent renovations are nothingshort of spectacular," says Alvaro Diago, area president,InterContinental Hotels Group, Latin America. "I believe guests mostcertainly will be amazed by the hotel's elegantly appointed new lookwithin the heart of such a vibrant city. I believe theInterContinental Medellin will keep its reputation as one of thefinest hotels in Colombia and I am thrilled to be a part of thiswonderful time in the hotel's history," adds Diago.£ Major renovations were made to the hotel's guest rooms, includingthe Presidential suite, as well as the swimming pool and recreationareas, reception and lobby area and the trendy Bari bar. Additionally,the hotel's meeting space and restaurants were updated. New, beautifulgardens and landscaping were redesigned under the support of theMedellin Botanical Gardens.£ "For the past 36 years, this hotel has provided valuable serviceto the city and country not only welcoming travelers but also being anexclusive scenario for social, political and historical events of ournation. We look forward to continue serving our guests for many yearsto come," said Dario Munera Arango, President of the Board ofDirectors of Promotora de Hoteles S.A.£ Colombia has enjoyed a considerable influx of tourists lately andit continues to steadily increase. Colombia is a South American jewelblessed by its magnificent geographic location, lively cities and warmpeople. Medellin particularly has a vibrant energy and has been one ofColombia's pride in a variety of industries among them fashion andtextile which have occupied outstanding international recognitionglobally.£ "By revamping and adding new hotels in the region, we arecontributing back to the tourism industry in Colombia, and we areproud to be doing so," concludes Diago. "We have always believed inColombia and its people. We have also seen the region's significantand considerable economic developments within all its industries andthat is why IHG continues to maintain a major presence in Colombia." £ About InterContinental Hotels & Resorts £ InterContinental Hotels & Resorts was the first trulyinternational hotel brand in the world, and quickly became the symbolof glamour, sophistication and success that years later, continue todefine global travel. The brand is committed to providing its guestswith memorable and unique experiences that enrich their lives andbroaden their outlook. InterContinental offers services and amenitiesspecifically designed for the international business traveler, whilemaintaining the delicate balance of luxury expectations with authenticlocal experiences that enhance the leisure stay as well. Located inmore than 60 countries, InterContinental continues to expand in keydestinations around the globe.£ With 142 properties in 63 countries, InterContinental Hotels &Resorts are located in major urban centers, gateway cities and resortdestinations worldwide. £ Note to Editors: £ InterContinental Hotels Group PLC of the United Kingdom (LON:IHG)(NYSE:IHG) (ADRs) is the world's largest hotel group by number ofrooms. InterContinental Hotels Group owns, manages, leases orfranchises, through various subsidiaries, over 3,650 hotels and540,000 guest rooms in nearly 100 countries and territories around theworld. The Group owns a portfolio of well recognized and respectedhotel brands including InterContinental(R) Hotels & Resorts, CrownePlaza(R) Hotels & Resorts, Holiday Inn(R) Hotels and Resorts, HolidayInn Express(R), Staybridge Suites(R), Candlewood Suites(R) and HotelIndigo(R), and also manages the world's largest hotel loyalty program,Priority Club(R) Rewards.£ InterContinental Hotels Group offers information and onlinereservations for all its hotel brands at http://www.ichotelsgroup.comand information for the Priority Club Rewards program athttp://www.priorityclub.com.£ For the latest news from InterContinental Hotels Group, visit ouronline Press Office at http://www.ihgplc.com/media. Copyright Business Wire 2006

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