IHG Signs New Crowne Plaza® Hotel in Midtown New York; Under Development by Owner LRR Holdings

March 30, 2015

The 251-room Hotel will Open in 2017 30 March, 2015 - ATLANTA – InterContinental Hotels Group (IHG), one of the world's leading hotel companies, announces the signing of a 251-room Crowne Plaza® hotel in the heart of New York City. The new development aligns with IHG's strategy to grow the Crowne Plaza brand by further strengthening its presence in top-tier business epicenters and priority markets across the Americas. The property is scheduled to open in 2017, and IHG will manage on behalf of the owner, LRR Holdings, LLC. Lance Steinberg and Frank Chan are the majority shareholders of LRR Holdings, LLC. They also own two EVEN® Hotel...