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
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