IHG celebrates the first anniversary of avid hotels
New mainstream brand announces next wave of development, anticipates over a dozen groundbreaks this year across the U.S.
Denham, United Kingdom, 2018-Sep-27 — /Travel PR News/ — InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, today (25 SEPTEMBER 2018) celebrates the first anniversary of avidTM hotels, the company’s newest mainstream brand.
Since the brand’s launch, IHG has built strong momentum for avid hotels:
Chris Drazba, Vice President, North America Mainstream Brands & Mexico Development, IHG, commented: “The number of avid hotel deals signed in the first year speaks to the confidence that owners have in IHG’s proven track record and ability to leverage its scale with a new brand designed to deliver true hospitality for guests and superior returns for owners. As a leader in the mainstream segment, there is strong interest from existing IHG owners, as well as new owners across the Americas.”
The number of avid hotel deals signed in the first year speaks to the confidence that owners have in IHG’s proven track record and ability to leverage its scale with a new brand designed to deliver true hospitality for guests and superior returns for owners. As a leader in the mainstream segment, there is strong interest from existing IHG owners, as well as new owners across the Americas.
The next wave of avid hotels to break ground include:
Consistent with the avid hotels design strategy, these properties will be new-build, prototype hotels featuring the brand’s hallmarks:
Launched in fall 2017, IHG’s newest mainstream hotel brand was created to meet the needs of 14 million travelers who are currently underserved in this $20 billion market segment. The brand was designed with input from both target consumers and an Owner Advisory Board of leading IHG hotel owners. With their valuable input, IHG designed the avid hotels experience to deliver exactly what guests have been waiting for in a mainstream hotel, while also being easy to build, operate and maintain.
About IHG®
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton®Hotels & Restaurants, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®,Holiday Inn Resort®, avid™ hotels, Staybridge Suites® and Candlewood Suites®.
IHG franchises, leases, manages or owns nearly 5,400 hotels and 800,000 guest rooms in almost 100 countries, with more than 1,700 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 375,000 people work across IHG’s hotels and corporate offices globally.
Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihgplc.com/media and follow us on social media at: www.twitter.com/ihg, www.facebook.com/ihg and www.youtube.com/ihgplc.
For further information please contact:
Ada Hatzios
ada.hatzios@ihg.com
+1 (770) 604 8564
Source: IHG
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