New Brand Will Serve Unique, Growing Midscale Traveler in Market Worth $20 Billion Denham UK, 2017-Jun-24 — /Travel PR News/ — InterContinental Hotels Group (IHG®), one of the world’s leading global hotel companies, revealed plans to launch a new, high-quality midscale brand at its 2017 Americas Conference this week in Las Vegas. It will target more… Read the full press release
Tag Archives: Richard Solomons
IHG launches its 2017 Trends Report – The Uncompromising Customer: Addressing the Paradoxes of the ‘Age of I’
DAVOS, Switzerland, 2017-Jan-18 — /Travel PR News/ — Intercontinental Hotels Group (IHG®) today launches its 2017 Trends Report – The Uncompromising Customer: Addressing the Paradoxes of the ‘Age of I’ – at the World Economic Forum (WEF) in Davos, Switzerland. The report highlights the uncompromising nature of today’s customer who increasingly expects brands to deliver experiences… Read the full press release
IHG announces the appointment of Ranjay Radhakrishnan as Chief Human Resources Officer
DENHAM, UK, 2016-Sep-15 — /Travel PR News/ — InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, today announces that Ranjay Radhakrishnan has been appointed Chief Human Resources Officer. He will join the business on 1st December and will become a member of IHG’s Executive Committee, replacing Tracy Robbins who stepped down from the… Read the full press release
IHG in partnership with Pro-invest to open Australia’s first Holiday Inn Express hotel on April 11, 2016
Holiday Inn Express Sydney Macquarie Park Ribbon Cutting by IHG CEO, Pro-invest CEO and New South Wales Minister for Trade, Tourism and Major Events Sydney, Australia, 2016-Apr-05 — /Travel PR News/ — InterContinental Hotels Group (IHG®) in partnership with investment group, Pro-invest today celebrated the opening of Australia’s first Holiday Inn Express hotel, Holiday Inn Express… Read the full press release
IHG signs the first Kimpton® Hotels & Restaurants hotel outside of the Americas
Amsterdam set to become home to the first Kimpton hotel outside of the Americas Denham, United Kingdom, 2016-Jan-29 — /Travel PR News/ — InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has announced the signing of the first Kimpton® Hotels & Restaurants hotel outside of the Americas. Debuting in Europe, the hotel will… Read the full press release
IHG® launches its 2016 Trends Report: Meaningful Membership: Transforming Membership in The Age of I at the World Economic Forum
Davos, Switzerland, 2016-Jan-19 — /Travel PR News/ — InterContinental Hotels Group(IHG®) today launches its 2016 Trends Report: Meaningful Membership: Transforming Membership in The Age of I, at the World Economic Forum (WEF) in Davos, Switzerland. The report challenges brands to engage with consumers in a way that builds Membership Communities, a powerful asset for brands in… Read the full press release
IHG® unveils Hotel Indigo® Lower East Side New York as its 5,000th hotel globally
LONDON, 2016-1-13 — /Travel PR News/ — InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, has today unveiled the Hotel Indigo® Lower East Side New York as its 5,000thhotel globally. The opening of this landmark New York property takes IHG’s global system size to 5,000 hotels, in nearly 100 countries. This outstanding achievement illustrates… Read the full press release
InterContinental Hotels Group PLC Chief Executive Richard Solomons: We delivered strong RevPAR growth of 4.8% in the third quarter
DENHAM, UK, 2015-10-23 — /Travel PR News/ — Continued momentum drives strong third quarter performance Highlights Global Q3 comparable RevPAR up 4.8%1, led by rate up 3.6%. Expanded our global scale: net system size of 727k rooms, up 4.3% year on year (2.7% excluding Kimpton); 16k rooms signed into our 218k room pipeline, highest Q3 hotel… Read the full press release
IHG to sell InterContinental Hong Kong to Supreme Key Limited for US$938 million
Denham, UK, 2015-7-10 — /Travel PR News/ — InterContinental Hotels Group PLC [LON:IHG, NYSE:IHG (ADRs)] today announces that it has agreed to sell IHG’s ownership interest in InterContinental Hong Kong (the “Hotel”) to Supreme Key Limited, a consortium of investors advised and managed by Gaw Capital Partners (the “Buyer”), for a gross purchase price of US$938m…. Read the full press release
IHG and Amadeus to develop next-generation Guest Reservation System that will revolutionise the technological foundations of the global hospitality industry
Pioneering partnership with world’s leading technology provider Leadership position for IHG, as it focuses on innovation and development of bespoke technology LONDON, 2015-4-30 — /Travel PR News/ — InterContinental Hotels Group (“IHG”) today announces that it is to continue its strategic relationship with Amadeus, the world’s leading provider of advanced technology solutions for the global travel industry…. Read the full press release
InterContinental Hotels Group PLC to acquire Kimpton Hotels & Restaurants Group LLC for cash consideration of $430 million
– IHG has agreed to acquire Kimpton Hotels & Restaurants (“Kimpton”) for $430 million in cash. – Kimpton is the world’s largest independent boutique hotel operator and a sophisticated food and beverage operator. – Kimpton is a fully asset-light business that manages 62 hotels in the most attractive cities and resorts in the US with… Read the full press release
IHG® names Federico Lalatta Costerbosa as Senior Vice President and Head of Global Strategy and Corporate Development
LONDON, UK, 2014-11-6 — /Travel PR News/ — InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, today announces the appointment of Federico Lalatta Costerbosa as Senior Vice President and Head of Global Strategy and Corporate Development. Federico joins from Boston Consulting Group (BCG) where he was a Partner and Managing Director. He… Read the full press release
InterContinental Hotels Group announces plans to recruit another 110,000 staff to support its growth in China
Beijing, China, 2013-12-02 — /travelprnews.com/ — InterContinental Hotels Group (IHG), one of the world’s leading international hotel companies, today outlined its strong position in Greater China and ambitious growth targets for the region as it announces plans to recruit another 110,000 staff to support its growth which involves doubling the number of hotels in China in the… Read the full press release
InterContinental Hotels Group PLC released its H1 2013 results, $350M special dividend
2013-08-09— /travelprnews.com/ — Good performance with strong signing activity Financial summary0 2013 20121 % Change YoY Actual CER2 CER & ex. LDs3 Revenue $936m $878m 7% 7% 2% Operating profit $338m $281m 20% 20% 6% Total adjusted EPS 78.2¢ 62.8¢ 25% Total basic EPS4 127.8¢ 93.4¢ 37% Interim dividend per share 23.0¢ 21.0¢ 10% Net debt… Read the full press release
IHG Opens Its 200th Hotel in Greater China — the InterContinental Shanghai Ruijin
Shanghai, 2013-05-28 — /travelprnews.com/ — IHG (InterContinental Hotels Group), one of the world’s largest hotel groups, today celebrates the unveiling of its 200th hotel in Greater China with the opening of the InterContinental Shanghai Ruijin. This marks another milestone for IHG, which was the first international company to enter the Chinese hospitality industry almost 30 years ago,… Read the full press release