IHG Hotels & Resorts
IHG Signs With BIG CEE for Crowne Plaza Podgorica in Montenegro
IHG Hotels & Resorts | October 31, 2024
31.10.24 (London, UK): IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, announces the signing of Crowne Plaza Podgorica – its seventh hotel in Montenegro, and second in the capital city. The converted property, owned by BIG CEE, is set to open by the end of 2024. The 122-key hotel is situated within the Capital Plaza mixed-use development and surrounded by the regional headquarters of several banks and multinational companies including Deloitte, PWC and The World Bank. Other features include residential properties and luxurious commercial, retail and restaurant spaces, making it an ideal destination for loc...
IHG Signs With Plaipol to Develop InterContinental Phang-Nga Bay Resort in Thailand
IHG Hotels & Resorts | October 29, 2024
Bangkok, Thailand – 29 October 2024: The growth of IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, continues at pace in Thailand with its latest signing adding to an increasingly-impressive portfolio of luxury resorts. Opening in 2028, InterContinental Phang-Nga Bay Resort will be located in Samet Nangshe – a one-of-a-kind picturesque destination in Phang-Nga. The result of a management agreement between IHG and first-time partner Plaipol Co., Ltd. – a leading gold business owner in Thailand – the 150-key property will be the ideal choice for travellers seeking a relaxing getaway in an idyllic...
Government Action Needed To Boost Vital £32bn UK Visitor Economy
IHG Hotels & Resorts | October 29, 2024
Strong industry-Government partnerships are key to ensuring the UK's visitor economy continues to thrive, according to a new report by the British Chambers of Commerce (BCC) in partnership with IHG Hotels & Resorts. To help grow the tourism, hospitality, events and attractions industries, the report makes a series of recommendations to policymakers. It calls on Government to: Reform apprenticeship funding in England to support more training opportunities by firms in the visitor economy Reform business rates by reducing the multiplier for both small and standard rates Reconsider the evidence around tax free shopping for vis...
IHG’s Atwell Suites Expands Footprint with Three New Hotels in Missouri, Nevada, and Texas
IHG | October 24, 2024
Hotels in Kansas City, Mo., Henderson, Nev., and Fort Worth, Texas will debut by end of 2024 ATLANTA (October 24, 2024): Today, Atwell Suites announced expansion of its U.S. presence with the upcoming openings of three new hotels in Kansas City, Mo., Henderson, Nev., and Fort Worth, Texas. These additions build upon previously opened properties in Miami, Denver and Austin, further expanding IHG Hotels & Resorts’ all-suites, upper-midscale hotel brand. These properties include: Atwell Suites – Kansas City Airport, owned by Hotel KCI LLC, is now open. This 104-room hotel is minutes from Kansas City International Airpo...
IHG: Q3 Trading Update to 30 September 2024
IHG Hotels & Resorts | October 22, 2024
Highlights Q3 global RevPAR +1.5%, with Americas +1.7%, EMEAA +4.9% and Greater China -10.3% Q3 global rooms revenue on a comparable hotels basis saw Groups demand +6%, Business +2% and Leisure broadly flat on same quarter last year YTD global RevPAR +2.4%, with Americas +1.8%, EMEAA +6.4% and Greater China -5.6% Average daily rate +1.7% and occupancy -0.1%pts in Q3, +1.9% and +0.4%pts respectively YTD Gross system size growth +5.9% YOY, +3.7% YTD; opened 17.5k rooms (98 hotels) in Q3, representing another quarter of sequential improvement and very significantly ahead of the 7.7k in the same period last year Net system s...
IHG Hotels & Resorts Accelerates Garner Expansion With Four Additional Signings Across Europe
IHG Hotels & Resorts | October 21, 2024
21 October 2024 (London, UK) – IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announces the signing of four new Garner properties, extending the brand’s presence across the UK and Europe. Launched in August 2023, Garner occupies the midscale conversion space, offering owners flexibility and strong returns, and guests a high quality, distinct experience at a price that’s hard to find. With a clear focus on ease and simplicity, the brand has seen rapid global growth, with 76 properties signed in the first half of 2024 alone, with 58 of those coming to IHG’s Europe market. Interest in conversio...
Regent Santa Monica Beach Opens in California
Regent Santa Monica Beach | October 16, 2024
October 16, 2024 (LOS ANGELES, Calif.) – The legendary Regent brand returns to the shores of the United States with the opening of Regent Santa Monica Beach. This elegant beachfront resort cements the reimagined Regent brand and the beauty of contrast by combining the glamour of Los Angeles with the splendor of the coast. Regent Santa Monica Beach, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, reintroduces the legendary Regent name to Los Angeles and becomes the brand’s first flagship property within the Americas. Originally located in Beverly Hills, and famously known as the setting for the film “Pretty Woma...
IHG Hotels & Resorts Taps into the Future of Travel Planning at SXSW Sydney 2024
IHG Hotels & Resorts | October 16, 2024
IHG Hotels & Resorts offered festival-goers and consumers a stress-free way to plan their next holiday at South-by-South-West Sydney (SXSW) October 14-20, thanks to innovative technology that taps into the subconscious mind. The aptly-named IHG Hotels & Resorts ‘Mind Lobby’ is a futuristic, experiential activation that launched on Sydney’s International Convention Centre Forecourt throughout the week-long event and sits at the heart of IHG’s official partnership with SXSW Sydney 2024. Using cutting-edge eye-tracking technology, the IHG Hotels & Resorts Mind Lobby is a cinematic experience that tracks and monitors userâ...
