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IHG expands Vietnam portfolio with new beachfront Crowne Plaza in Nha Trang


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FOR IMMEDIATE RELEASE
APRIL 28, 2008

Brand to launch in one of Vietnam's fastest growing destinations for tourism and investment

April 28, 2008 // Franchising.com // Singapore, - IHG has signed an agreement with TD Corporation to manage a new Crowne Plaza in Nha Trang, the Vietnamese coastal city which will host Miss Universe 2008. Crowne Plaza Nha Trang will have 305 rooms and suites, and 113 serviced residences, and will feature contemporary tropical design by renowned Singapore-based architect Tan Hock Beng. It is scheduled to open in early 2010.

The hotel will be conveniently located along the renowned Tran Phu Boulevard and will offer direct access to one of Vietnam's most popular city beaches. It will incorporate conference and meeting facilities for up to 800 guests, as well as three food and beverage outlets. Recreational facilities include an elevated pool deck with ocean views, a state-of-the-art fitness centre, yoga area and a Tea Tree Spa.

Consistent with Crowne Plaza global brand standards, Crowne Plaza Nha Trang will deliver comprehensive meetings-focused products and services to ensure a seamless planning process and exceptional meeting experience for guests. Key components will include a Connections Village, Two-Hour Response Guarantee, services of a dedicated Crowne Meetings Director and a Daily Meetings Debrief.

Jan Smits, chief operating officer, Southern Asia and Korea, IHG Asia Pacific, said: "We are excited by the opportunity to introduce our Crowne Plaza brand into one of Vietnam's fastest growing destinations for tourism and investment. Nha Trang's increasing popularity among international and domestic travellers has created a demand for an upscale hotel like Crowne Plaza, offering superior business and recreational services. We are confident Crowne Plaza Nha Trang will perform exceptionally well."

Tran Anh Hoang, chairman, TD Corporation, said: "Crowne Plaza Nha Trang will be a landmark in one of the most beautiful areas of Vietnam. It will be built on an absolute prime site in the best location on the boulevard. We look forward to working with IHG to maximize the potential of this hotel and to bring great experiences to visitors coming into Nha Trang."

Crowne Plaza Nha Trang is the third Crowne Plaza hotel under development in Vietnam. Crowne Plaza Danang, a 500-room hotel with 130 villas, is scheduled to open in 2009 and Crowne Plaza West Hanoi, a 393-room hotel, is scheduled to open in 2010.

InterContinental Hotels Group PLC (IHG) of the United Kingdom [LON:IHG, NYSE:IHG (ADRs)] is one of the world's largest hotel groups by number of rooms. IHG owns, manages, leases or franchises, through various subsidiaries, almost 4,000 hotels and more than 585,000 guest rooms in nearly 100 countries and territories around the world. IHG owns a portfolio of well recognised and respected hotel brands including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel Indigo®, and also manages the world's largest hotel loyalty programme, Priority Club® Rewards with over 37 million members worldwide.

The company pioneered the travel industry's first collaborative response to environmental issues as founder of the International Hotels and Environment Initiative (IHEI). The IHEI formed the foundations of the Tourism Partnership launched by the International Business Leaders Forum in 2004, of which IHG is still a member today. The environment and local communities remain at the heart of IHG's global corporate responsibility focus.

IHG offers information and online reservations for all its hotel brands at http://www.ihg.com/ and information for the Priority Club Rewards programme at http://www.priorityclub.com/.

For the latest news from IHG, visit our online Press Office at www.ihg.com/media

InterContinental Hotels Group is a registered company. For more information go to: www.ihg.com/legal


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Crowne Plaza is not currently advertising on Franchising.com. For similar opportunities please visit our hotel franchise opportunities section which lists companies that are actively recruiting new franchisees and area developers.



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