The Hotel Indigo® Lower East Side New York Opens as IHG's 5,000th Hotel Globally

The boutique hotel is a joint venture between IHG and Brack Capital Real Estate.

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. January 13, 2016

LONDON, EN. January 13, 2016 - InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, has today unveiled the Hotel Indigo® Lower East Side New York as its 5,000th hotel globally.

The opening of this landmark New York property takes IHG's global system size to 5,000 hotels, in nearly 100 countries. This outstanding achievement illustrates the strength of IHG's leading portfolio of brands, which are loved by millions of guests around the world.

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. It is located in one of Manhattan's most attractive neighbourhoods and reinforces IHG's leadership position in the boutique segment, the fastest growing in the hotel industry.

Richard Solomons, Chief Executive Officer, IHG, commented: “Reaching 5,000 open hotels with the addition of the Hotel Indigo Lower East Side New York is an incredible milestone for IHG. It is testament to our well-established, long-term strategy for high-quality growth, and the strength of our brands, which focus on distinct segments to cater to a broad range of guest needs and occasions.

“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 net 1,500 hotels have been added to the portfolio, with IHG's emphasis on quality driving guest satisfaction levels to an all-time high. This includes the hospitality industry's largest ever brand refresh for 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.

About IHG (InterContinental® Hotels Group)

IHG (InterContinental® Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, EVEN™ Hotels, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®. IHG franchises, leases, manages or owns more than 5,000 hotels in nearly 100 countries, with more than 1,300 hotels in its development pipeline. IHG also manages IHG® Rewards Club, the world's first and largest hotel loyalty programme with more than 90 million members worldwide. InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales. More than 350,000 people work across IHG's hotels and corporate offices globally. Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihg.com/media

Contact:
Zoë Bird
zoe.bird@ihg.com
+44 (0)1895 512008

Mark Debenham
mark.debenham@ihg.com
+44 (0)1895 512097