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The InterContinental brand currently has seven hotels in the Americas pipeline with 49 in its existing portfolio. For the quarter, the InterContinental brand outperformed its market segment in the Americas region with RevPAR up 8.7 percent. The brand now has a global portfolio of 147 hotels with another 40 properties in the global pipeline.
Newcrest Hotels Opens Two New IHG Properties
Despite the challenging economy, Newcrest Hotels has pursued an aggressive growth strategy in the midscale hotel segment and has recently opened the latest additions to their portfolio - a Holiday Inn Express in Paris, Texas and a Holiday Inn Express... October 15, 2009 | Read Full Story | Permalink
IHG Capitalizes On Strong Growth Potential In Latin America
IHG (InterContinental Hotels Group) (LSE:IHG) (NYSE:IHG) (ADRs), the world's largest hotel company by number of rooms and with the most experience in Central and South America, is capitalizing on its 63 years in the region by expanding its... October 13, 2009 | Read Full Story | Permalink
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