IHG Claims Biggest Pipeline
ATLANTA, GA, March 8, 2006. InterContinental Hotels Group, the world's largest hotel group by number of rooms, is claiming the largest global pipeline in the industry.
With 108,500 rooms (over 880 hotels) in its global pipeline, IHG is optimistic it will achieve its target of 50,000 to 60,000 net room additions by the end of 2008.
"It is impressive when you consider that our global development pipeline represents roughly the same number of hotels that some of our competitors operate," said Steve Porter, president, the Americas, IHG. "In 2005, IHG signed 70,000 rooms worldwide - a jump of 57% over 2004. And of these, 50,000 were signed in the Americas region under the leadership of our SVP and Chief Development Officer Kirk Kinsell."
IHG's portfolio is comprised of some of the strongest and most recognized brands in the world:
InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Hotel Indigo, Holiday Inn Hotels and Resorts, Holiday Inn Express, Staybridge Suites and Candlewood Suites. The strength of IHG's brands and their performance continue to attract franchisees and developers to the company's offerings.
In 2005, the Americas development team set a new record for franchise growth and launched a proprietary, customizable management product designed to help drive revenues for IHG-branded hotels. IHG's The Hotel Management Group unveiled its new offering The Performance Advantage(TM) to the Americas on March 6, 2006.
The Hotel Management Group has a proven track record as one of the largest hotel managers in the world and the largest manager of IHG brands with annual revenues in excess of $2 billion. The Hotel Management Group portfolio consists of more than 220 hotels in the Americas and takes pride in its ability to provide solutions for any IHG branded-hotel in any place.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
