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IHG® Signs Holiday Inn Express® Moscow - Sheremetyevo Airport

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March 11, 2014 // Franchising.com // InterContinental Hotels Group (IHG®), one of the world's largest hotel companies has announced the signing of Holiday Inn Express® Moscow - Sheremetyevo Airport. The hotel will operate under a management agreement with Palmira LLC.

Holiday Inn Express Moscow - Sheremetyevo Airport will be a new build property with 192 rooms and will open in 2017. The hotel is perfectly positioned adjacent to terminals D, E and F at Sheremetyevo Airport, Russia's second largest airport serving the capital and surrounding regions. The hotel is set to attract demand from domestic and international travelers as well as airline crew.
The signing comes only months before Russia's first Holiday Inn Express hotel is due to open - Holiday Inn Express Voronezh.

Aron Libinson, Associate Vice President of Development, Russia & CIS said, "We're delighted to have signed our first Holiday Inn Express hotel in Russia's capital. This hotel is going to be a fantastic representation of the Holiday Inn Express brand and we couldn't have asked for a better location at one of Moscow's two international airports."

Co-owner of Palmira LLC, Sergey Tarasov said, "This hotel, boasting state of the art facilities in a prime airport location, is just what guests' need." Co-owner of Palmira LLC, Boris Minakhi added, "We are anticipating high demand as tourism and business travel in Russia continues to rise. We are looking forward to opening the hotel's doors in 2017."

Holiday Inn Express is one of the fastest growing hotel brands in the world, with 2,258 hotels globally. For over two decades since the first hotel opened in 1991, the brand has grown rapidly and has established itself as a smart, affordable and efficient alternative to full service hotels for savvy business and leisure travellers.

IHG's broader family of nine brands in nearly 100 countries and territories meets the needs of guests, whatever the occasion – whether an overnight getaway, a business trip, a family celebration or a once-in-a-lifetime experience. All IHG hotels participate in IHG's guest loyalty programme, IHG® Rewards Club which is the industry's first and largest guest loyalty programme with 77 million members. It is free to join at www.IHGRewardsClub.com.

There are currently 215 Holiday Inn Express hotels in Europe and 43 in the pipeline*.

* Figures as at 31st December 2013.

About IHG (InterContinental Hotels Group)

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of 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®, EVEN™ Hotels and HUALUXE™ Hotels & Resorts.

IHG manages IHG® Rewards Club, the world's first and largest hotel loyalty programme with over 77 million members worldwide. The programme was relaunched in July 2013, offering enhanced benefits for members including free internet across all hotels, globally.

IHG franchises, leases, manages or owns over 4,700 hotels and 687,000 guest rooms in nearly 100 countries and territories. With more than 1,100 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.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihg.com/media, www.twitter.com/ihg, www.facebook.com/ihg or www.youtube.com/ihgplc.

SOURCE IHG (InterContinental Hotels Group)

Media Contacts:

Laura Baker
For UK/European Media
+44 1895 512 820
laura.baker@ihg.com

Arina Khodyreva
For Russian Media
+7 495 775 0077
Arina.Khodyreva@hkstrategies.com

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