TravelNewsAsia.com
Wed, 13 January 2016

Hotel in New York Becomes IHG’s 5,000th

The opening of the Hotel Indigo Lower East Side New York has taken InterContinental Hotels Group’s global system size to 5,000 hotels, in nearly 100 countries.

The hotel is a joint venture between IHG and Brack Capital Real Estate (BCRE), and is IHG’s third for the Hotel Indigo brand in New York City.

“Reaching 5,000 open hotels with the addition of the Hotel Indigo Lower East Side New York is an incredible milestone for IHG,” said Richard Solomons, Chief Executive Officer, IHG. “Over time we have built a leading portfolio of hotel brands and scale where it matters most. Alongside our network of owner relationships and powerful digital platforms, these remain the key drivers behind our consistently strong performance. The recent landmark openings that make up our ‘5,000 Club’ also demonstrate the momentum behind our brand portfolio and our ability to increase our presence in the world’s most important growth markets.”

In December 2003, the number of IHG properties globally totalled just over 3,500. Since then, a 1,500 hotels have been added to the portfolio. This includes the refresh of the Holiday Inn brand family, during which IHG removed more than 1,000 properties across the brand’s estate and re-launched a further 3,300.

To mark the occasion, IHG has released details of several other recent landmark hotel openings around the world. Each opening contributed to IHG breaking through the 5,000-hotel milestone and forms part of IHG’s ‘5,000 Club’.

IHG’s Route to 5,000 Hotels

IHG has achieved a series of significant milestones across its portfolio of brands, since becoming a standalone company. Each has made a significant contribution to IHG reaching 5,000 open hotels. Key milestones include:

2003: IHG becomes a standalone company and acquires Candlewood Suites; more than triples the presence of the brand following acquisition.

2004: IHG launches the Hotel Indigo brand. Hotel Indigo has more than 60 properties open globally and this number is expected to double in size within the next three to five years.

2007: IHG embarks on the largest ever refresh of its Holiday Inn brand family. Holiday Inn Express has doubled its presence outside the US since 2007.

2012: IHG launches Hualuxe Hotels and Resorts, the first hotel brand specifically designed for Chinese travellers. IHG opened its first Hualuxe properties in 2015.

2012: IHG launches the Even Hotels brand for wellness-minded travellers. IHG opened its first two Even properties in the US, in 2014.

2013: IHG celebrates opening of 200th hotel in Greater China.

2014: IHG opens its 400th Crowne Plaza property and 200th Staybridge Suites hotel.

2015: IHG acquires one of the world's largest independent boutique hotel operators, Kimpton Hotels & Restaurants, creating a leading boutique business together with the Hotel Indigo brand.

See other recent news regarding: IHG, New York, Manhattan, Indigo

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2024 TravelNewsAsia.com