IHG press ahead with expansion
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InterContinental Hotels & Resorts (IHG) has announced plans to continue its global property portfolio expansion in the Americas region, which has grown from 13 to 21 in the past months. Despite reports of weakening sales in the US market, IHG has already opened the 556-room InterContinental Chicago O’Hare, the 174-room Presidente InterContinental Puebla, Mexico, and the 110-room Real InterContinental Hotel & Club Tower in Costa Rica so far this month. The brand is also getting ready to open its first resort property in the US – the 292-room InterContinental Montelucia Resort & Spa in Scottsdale, Arizona, in November.
In addition to these openings, has signed deals for two InterContinental hotels on the US – the planned InterContinental New York Times Square and InterContinental Atlanta Midtown. In South America the group has signed an agreement for a new 265-room InterContinental property in Maracaibo, Venezuela.
“The growing presence of InterContinental Hotels & Resorts in the Americas, particularly the US, further strengthens the brand’s portfolio and exposes the brand to new guests who are looking for the authentic and enriching experiences that our hotels facilitate,” said Tom Murray, COO, the Americas, IHG. “We will continue to look at developing the InterContinental brand in key markets throughout the Americas and we will look for opportunities that allow us to have multiple presence in the key markets,” he added.
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