IHG Announces the Opening of the Presidente InterContinental Santa Fe in Mexico City

IHG partners with Grupo Presidente on their 12th IHG-branded hotel in Mexico, including 10 InterContinental Hotels

June 20, 2012 // Franchising.com // ATLANTA – IHG (InterContinental Hotels Group) [LON: IHG, NYSE:IHG (ADRs)], one of the world's largest hotel companies, and Grupo Presidente announce the opening of the Presidente InterContinental Santa Fe in Mexico City. The tallest building in the area, the Presidente InterContinental Santa Fe offers stunning views of the Santa Fe area, the Valley of Mexico and the Popocatepetl and Iztaccihuatl volcanoes.

The building’s conversion into the Presidente InterContinental Santa Fe represents a nearly $35 million investment with the creation of 200 new jobs during the construction phase and more than 350 jobs added to operate the hotel and its restaurants.

This luxury hotel features 111 spacious rooms, including 26 suites, all furnished with contemporary décor and the latest technology. There are also six meeting rooms for up to 300 people, an art gallery, seven stories of office facilities and six restaurants, including Au Pied de Cochon, The Palm, King Fish, Lucy Shanghai, City Bistrot and the soon to open Bamboo House, that feature cuisines ranging from Mexican and Asian to French.

“The Presidente InterContinental Santa Fe is IHG’s second InterContinental hotel in Mexico City and the 12th IHG-branded hotel with Grupo Presidente, which are a reflection of the strength of our long-standing relationship that dates back to 1994,” said Kirk Kinsell, president, the Americas, IHG. “With its ideal location, rich amenities and the famed personalized service of InterContinental Hotels & Resorts, the Presidente InterContinental Santa Fe is in a prime position to attract both international and domestic business and leisure travelers.”

The hotel hosts a gym, boutique, spa and beauty salon, operated under the L'Occitane brand, a terrace bar, the InterContinental Club Lounge and valet parking service. The property also offers shuttle services within the Santa Fe area.

The Presidente InterContinental Santa Fe is owned by an investment fund and managed by Grupo Presidente under a license agreement with a company in the InterContinental Hotels Group. The hotel is located at Campos Eliseos 218 Piso 11 Polanco 11560 Mexico, D.F. Reservations can be made by going to www.intercontinental.com or by calling 1-888-IC- Hotels.

InterContinental Hotels & Resorts participates in IHG’s guest loyalty program, Priority Club® Rewards. The industry’s first and largest guest loyalty program has 65 million members. Priority Club Rewards membership is free and guests can enroll by logging on at priorityclub.com, by calling 1-888-211-9874 or by inquiring at the front desk of this hotel or any of IHG’s more than 4,500 hotels worldwide.About IHG (InterContinental Hotels Group)

About IHG (InterContinental Hotels Group)

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with nine hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, as well as our two newest brands, EVENTM Hotels and HUALUXETM Hotels & Resorts. IHG also manages Priority Club® Rewards, the world's first and largest hotel loyalty programme with over 65 million members worldwide.

IHG franchises, leases, manages or owns over 4,500 hotels and more than 661,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate 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.

Visit www.ihg.com for hotel information and reservations and www.priorityclub.com for more on Priority Club Rewards. For our latest news, visit www.ihg.com/media, www.twitter.com/ihgplc, www.facebook.com/ihg or www.youtube.com/ihgplc.

About Grupo Presidente

Grupo Presidente operates two hotel divisions: its Presidente InterContinental luxury brand, and its Holiday Inn business brand. The first operates properties in the following major cities and tourist destinations across the nation: Cancún, Cozumel, Guadalajara, Ixtapa, Mérida, Mexico City, Monterrey, and Puebla, and Puerto Vallarta; while the second brand operates in Puebla as Holiday Inn La Noria, and the Holiday Inn Resort in Los Cabos, BC. Grupo Presidente also manages the Au Pied de Cochon, Alfredo di Roma, Palm, Zhen Shanghai, Frutas & Flores, La Chimenea, Balmoral, Caña Brava and El Caribeño restaurants.
The Group's strategy is based on owning, leasing, managing and operating full-service hotels focused on both the luxury segment and the business market in the Mexican hotel industry, by offering excellent accommodation facilities for both domestic and international business or leisure trips, while also continuing to grow the number of restaurants it operates within and outside of the Group’s hotels. Some of Grupo Presidente’s future plans will concentrate on increasing the number of hotels it operates across the nation.

Please visit the following websites for more information: www.intercontinental.com, www.intercontinentalmexico.com, and www.grupopresidente.com.

Media Contacts:

Sherry Telford
InterContinental Hotels & Resorts
+1(770) 604-2613

Caroline Huston
InterContinental Hotels & Resorts
+1(770) 604-2495



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