Intercontinental Expands with The Clement, Monterey
SEPTEMBER 27, 2007. IHG [LON: IHG; NYSE: IHG (ADRs)], the owner of the InterContinental Hotels & Resorts brand, today announced the signing of InterContinental The Clement Monterey in California. The 208-room property is owned by Cannery Row Hotel Development Venture, L.P., under a license agreement with a company in the InterContinental Hotels Group.
The hotel will be managed by Pacific Hotel Management, LLC and is currently under construction with a scheduled opening in the second quarter of 2008. Located at 750 Cannery Row, Monterey, Calif., InterContinental The Clement Monterey, the first new hotel to be built on Monterey Bay in more than twenty years, is beautifully positioned overlooking the water along the scenic Northern California Coast.
"InterContinental The Clement Monterey adds to our growing presence on the West Coast and further strengthens the brand's resort portfolio," said Steve Porter, president, the Americas, IHG. "Monterey is a beautiful destination and its history and charm are an attraction for leisure, group and business clientele."
Conveniently located next to the Monterey Bay Aquarium, one of the largest and most respected aquariums in the world, InterContinental The Clement Monterey is in the heart of the street immortalized by John Steinbeck's 1945 novel Cannery Row. Comprised of three buildings, the hotel will maintain the architectural integrity of this spectacular coastal community through contemporary craftsman-style detailing. Guests can take advantage of the stunning views of the harbor seals and natural habitat of the bay from the courtyard, balconies and boardwalk.
The hotel will feature 8,500 square feet of indoor meeting space, approximately 5,000 square feet of outdoor event space overlooking Monterey Bay, a grand fireplace in the lobby, a signature restaurant and bar, a luxury spa and a fitness center with an outdoor lap pool.
InterContinental The Clement Monterey is the fifth hotel in the western United States, joining the landmark InterContinental Mark Hopkins San Francisco, InterContinental Los Angeles Century City, InterContinental San Francisco (opening January 2008) and InterContinental Montelucia Resort & Spa Paradise Valley (opening Summer 2008). The brand continues its global expansion with the opening of its 150th hotel, InterContinental Dubai Festival City, followed by InterContinental Hanoi Westlake, the brand's first hotel in Vietnam, and Grand H^otel InterContinental Stockholm joining the portfolio on January 1, 2008.
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 
