Holiday Inn Express Franchise Wall Street New York Opens in the Heart of Manhattan's Financial District

Newly Built Hotel Among the First to Open in Downtown New York City Area With Brand's New Signage

July 08, 2010 // Franchising.com // ATLANTA - IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announces the opening of the Holiday Inn Express Wall Street New York, serving both business and leisure travelers visiting New York City's vibrant financial district. The Holiday Inn Express Wall Street New York is part of an overall IHG effort to best meet the needs of visitors to the financial capital of the world.

"Holiday Inn Express hotels are designed to be the smart choice for value-conscious business and leisure travelers," said Gina LaBarre, vice president, Brand Delivery, The Americas, IHG. "With more than 2,000 properties worldwide and nearly 600 properties in the pipeline, the Holiday Inn Express portfolio continues to expand in markets like New York City's financial district, providing our guests with an enhanced-stay experience at a great value. We welcome this hotel into the Holiday Inn family with the brand new sign and everything it represents."

The Holiday Inn Express Wall Street New York is among the first Holiday Inn hotels to open in the downtown New York City area with the brand's new signage, which is the seal of approval that they exemplify the standards of the $1 billion Holiday Inn brand relaunch program. First announced in 2007, the Holiday Inn global brand relaunch was established to create a more contemporary brand image - improving quality and driving consistency across the global portfolio. The global estate of more than 3,300 Holiday Inn and Holiday Inn Express properties are expected to be relaunched by the end of 2010, and more than 2,500 hotels have already been relaunched to date.

The relaunch focuses on the things research shows matter most to guests - a modern, contemporary hotel with efficient, friendly service and a great night's sleep. Relaunched hotels such as the Holiday Inn Express Wall Street feature:

  • Upgraded and decluttered lobby areas
  • A Holiday Inn Express signature scent and sound
  • New exterior lighting
  • New signage with the redesigned logo
  • All Holiday Inn employees also go through an extensive "Stay Real" training program to ensure guests receive the level of service they expect.

Located at 124-126 Water St. at the corner of Water Street and Wall Street, the new Holiday Inn Express Wall Street New York is at a prime location for both business and leisure travelers. It is just two blocks from the New York Stock Exchange and three blocks from the Federal Reserve Bank. For leisure travelers the hotel is close to popular attractions such as the South Street Seaport, Battery Park and the ferry to the Statue of Liberty.

Guests at the 26-story Holiday Inn Express Wall Street, with 112 units, will experience a comfortable and smart environment with innovative preferred guest upgrades to ensure a productive stay while traveling for business or leisure. The hotel features special in-room amenities such as free high-speed Internet access and 32" flat-panel HDTV's. Additionally, there is wireless Internet access throughout the hotel, a business center, a meeting room and great room, and a fitness center. The SimplySmartTM shower incorporates a proprietary Stay SmartTM Kohler showerhead, signature shower curtain with curved rod, upgraded 100-percent cotton terry towels and a custom line of cinnamon-scented bath products. Guests will also enjoy the SimplySmartTM bedding collection where they will find new, crisp fresh bedding which features an attractive decorative throw, a medium-weight duvet blanket and soft 200 thread-count sheets.

"We are proud the new Holiday Inn Express Wall Street can showcase the brand's new sign which represents changes that ensure our guests will experience fantastic service, with a fresh look, and brand new amenities throughout the hotel," said owner Sam Chang of the McSam Hotel Group.

Holiday Inn Express hotels participate in IHG's guest loyalty program, Priority Club® Rewards. The industry's first and largest guest loyalty program has 48 million members. Priority Club Rewards membership is free and guests can enroll by logging on www.priorityclub.com, calling 1-888-211-9874 or by inquiring at the front desk of this hotel or any of IHG's over 4,400 hotels worldwide.

The Holiday Inn Express Wall Street New York is owned by the McSam Hotel Group under a licensing agreement with a company in the InterContinental Hotels Group.

About McSam Hotel Group

McSam Hotel Group is one of New York City's preeminent lodging developers. Within the last four years McSam Hotel Group has opened the following IHG lodging facilities: Holiday Inn Express Wall Street New York, Holiday Inn Wall Street New York, Holiday Inn Express West 45th Street, Holiday Inn West 26th Street, Holiday Inn Express West 29th Street, Holiday Inn Express West 39th Street and New York City's first Candlewood Suites on West 39th Street.

McSam Hotel Group also develops other franchised lodging facilities with Starwood, Marriott Hilton and Hyatt as well as independent hotels. McSam Hotel Group currently has in construction in NYC over 13 properties. McSam Hotel Group also received IHG's prestigious "Developer of the Year" award in 2006.

About Holiday Inn Express

Holiday Inn Express hotels are modern hotels for value-oriented travelers. Fresh, clean and uncomplicated, Holiday Inn Express hotels offer competitive rates for both business and leisure travelers. Guests Stay Smart® at Holiday Inn Express hotels where they enjoy a free hot Express Start® Breakfast Bar, free high-speed internet access and free local phone calls (US and Canada only). There are currently more than 2,000 Holiday Inn Express hotel locations around the globe.

Notes to Editors:

InterContinental Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)] is the world's largest hotel group by number of rooms. IHG owns, manages, leases or franchises, through various subsidiaries, over 4,400 hotels and more than 650,000 guest rooms in 100 countries and territories around the world. The Group owns a portfolio of well recognized 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 program, Priority Club® Rewards with 48 million members worldwide.

IHG has over 1,300 hotels in its development pipeline, which will create 160,000 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.

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