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Intercontinental New York Times Square Takes Center Stage as the Biggest New Hotel in Manhattan this Summer


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FOR IMMEDIATE RELEASE
FEBRUARY 19, 2010

Luxury property featuring international style and amenities will be largest hotel in New York to achieve LEED(R) status

ATLANTA // PRNewswire-FirstCall // -- IHG (IHG) [LON: IHG, IHG (ADRs)], the world's largest hotel group by number of rooms, has begun the countdown to the opening of the newest InterContinental Hotels & Resorts property in Times Square. Slated to open in July, the InterContinental New York Times Square will join the historic InterContinental New York Barclay as IHG's newest InterContinental Hotel in the city.

Situated on 44th Street just west of Times Square, the new-build hotel is in the heart of the Broadway Theatre district and a short stroll from Fifth Avenue shopping and world-class museums making it an ideal location to explore the city. Featuring uninterrupted and expansive views of Manhattan from virtually every guestroom, the new InterContinental New York Times Square will deliver an insider's view of the city by providing a contemporary, vibrant yet intimate experience.

Wrapped with floor-to-ceiling windows, the 36-story InterContinental New York Times Square will total 607 guestrooms each averaging 350 square feet and including an oversized bathroom complete with walk-in rain showers. The hotel boasts 29 corner suites with expansive views of the city that allow guests to sightsee without moving their feet. Additionally, the hotel's 2,700-square foot duplex Presidential Suite will showcase dramatic panoramic views of Times Square, Broadway, the New York City skyline and the Hudson River.

As one of the closest hotels to Javits Convention Center, the property boasts 10 meeting rooms totaling 10,000 square feet of flexible meeting and event space, inclusive of a 4,000-square foot ballroom. Additionally, there are 25 flexible suites that can be utilized as event space.

"Opening the largest new-build hotel in the New York City market since 2002 – especially in this economy – is a tremendous milestone and the result of working with the right owners to put the right hotel brand in the right location," said Jim Abrahamson, president, The Americas, IHG. "By leveraging the global strength of the InterContinental Hotels & Resorts brand and the scale of IHG, the InterContinental New York Times Square will be in a prime position this summer to attract both international and domestic business, conference and leisure travelers."

Upon completion, the InterContinental New York Times Square will be one of the most environmentally responsible hotels in New York City and the largest new-build hotel in New York to achieve LEED® (Leadership in Energy and Environmental Design) certification from the U.S. Green Building Counsel (USGBC). Designed by the global architecture firm Gensler, LEED certification was based on a number of green design and construction features, including the use of sustainable materials such as roofing with low solar heat gain; green roofs with drought-tolerant, low-maintenance plants (i.e. moss and sedum plantings); large windows to maximize natural day lighting; and an energy-generating elevator system.

The InterContinental New York Times Square is being developed, and is owned by, a partnership led by affiliates of Tishman Hotel & Realty LP, under a license agreement with a company in the InterContinental Hotels Group.

"Tishman is very excited to have IHG as the operator of our newest asset – the InterContinental New York Times Square – especially in light of the brand's strong global presence," said Robert Snyder, Executive Vice President, Tishman Hotel & Realty LP. "We are confident that our location and design, along with InterContinental's highly regarded sense of style and personalized service, will appeal to business and leisure travelers from around the world."

The hotel will showcase a new French bistro-inspired restaurant from Celebrity Chef Todd English who was recently named to James Beard Foundation's "Who's Who in Food and Beverage in America." The restaurant includes an intimate dining space available for private events and a dynamic bar area overlooking Broadway that captures the energy of the Theatre District and the urban appeal of historic Hell's Kitchen.

Additional amenities include a Concierge Lounge; 24-hour business and fitness centers; wired and wireless internet in guestrooms and public areas; 42-inch HDTV flat panel televisions and touch-screen computers in all guestrooms; and a courtyard viewing garden in the lobby complete with reflecting pool and sculptures.

With interior design by Jeffrey Beers International (JBI), the InterContinental New York Times Square combines classic New York Art Deco heritage with contemporary and natural inspiration, providing a refreshing sanctuary from the bustling streets of Manhattan.

About InterContinental Hotels & Resorts

InterContinental Hotels & Resorts has 164 hotels, located in more than 60 countries with local insight that comes from over 60 years of experience.

Note to Editors:

InterContinental Hotels Group (IHG) [LON:IHG, IHG (ADRs)] is the world's largest hotel group by number of rooms. IHG owns, manages, leases or franchises, through various subsidiaries, nearly 4,400 hotels and over 640,000 guest rooms in 100 countries and territories around the world. The Group owns a portfolio of well recognised and respected hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites® and also manages the world's largest hotel loyalty programme, Priority Club® Rewards with 47 million members worldwide.

IHG has 1,500 hotels in its development pipeline, which will create 140,000 jobs worldwide over the next few years.

InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales.

SOURCE IHG


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