InterContinental Hotels Group Europe, Middle East and Africa accelerates the…
InterContinental Hotels Group Europe, Middle East and Africa accelerates the expansion of its brand portfolio with a series of over 100 development deals.
New openings for 2005 to date comprise:
- 5 InterContinental hotels in Egypt, Cyprus, Germany and Jordan
- 4 Crowne Plaza hotels in Finland, Slovak Republic and UK
- 26 Holiday Inn hotels in France, Germany, Russia, Kuwait, Italy, Finland, UK and UAE
- 14 Express by Holiday Inn hotels in Czech Republic, France, Germany, Italy, Spain and UK
In the pipeline with contracts already signed are a further 80 hotels:
- 8 InterContinental hotels in Egypt, Saudi Arabia, Spain, Nigeria, Kuwait, UAE and Serbia & Montenegro
- 9 Crowne Plaza hotels in Italy, Spain, Jordan, Czech Republic, UAE and UK
- 28 Holiday Inn hotels in Bulgaria, Egypt, France, UK, Finland, Germany, Italy, Kuwait, Poland, Spain, Russia, Nigeria, Austria, Jordan, Serbia & Montenegro, Ukraine, and Azerbajdjan
- 30 Express by Holiday Inn hotels in France, Germany, Italy, Republic of Ireland, Spain and UK
- 2 Staybridge Suites in UK
Richard Hartman, Managing Director for InterContinental Hotels Group in Europe, Middle East and Africa (EMEA) commented: “The strength, recognition and perception of our hotel brands are evident in the number of development deals we have secured for 2005 and the forthcoming years. It is also recognition that our conversion of incremental revenue to income profit is one of the highest in the industry. We are clearly seen as a company which is an effective business operator with brands that achieve results.”
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
