IHG HOTELS & RESORTS: STRONGLY POSITIONED FOR GROWTH IN A NEW TRAVEL ERA
With the 2022 Hunter Hotel Investment Conference underway in Atlanta, Georgia – home to IHG’s Americas headquarters – the company released an update on its recent development momentum and growth across the Americas region and beyond. |
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IHG HOTELS & RESORTS: STRONGLY POSITIONED FOR GROWTH IN A NEW TRAVEL ERA
With the 2022 Hunter Hotel Investment Conference underway in Atlanta, Georgia – home to IHG’s Americas headquarters – the company released an update on its recent development momentum and growth across the Americas region and beyond. |
Category: Worldwide - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2022-03-25
Elie Maalouf, CEO, Americas, said: “IHG is investing in a portfolio that offers guests exceptional quality and experiences and strong owner returns. We continue to see great confidence in our established brands and reached new growth milestones for our newest brands: avid hotels, Atwell Suites and voco hotels. As travel returns, together with our owners, we are confident about future growth opportunities and the trust our guests feel for our 17 new and iconic brands – from essentials and suites to luxury and lifestyle.”
Key milestones and momentum across a strong portfolio - Holiday Inn Express: IHG’s growth engine surpassed 3,000 hotels with 645 more in the pipeline; 2022 openings include a key downtown Washington D.C. destination
- Holiday Inn: 2022 will see investment in exciting renovations featuring next-generation brand designs such as Portland, OR; key openings include a South Padre Island, Texas, resort and a dual-branded property in Chicago
- avid hotels: IHG’s fast-growing brand now has 50+ properties open, with more openings to come in 2022 including in Chicago and a debut in Canada; 105 hotels are under construction/in progress
- Atwell Suites: IHG’s new all-suites brand will open its first two properties this spring – the first in Miami’s vibrant Brickell neighborhood and the second in Denver, and has more than 20 in the pipeline
- Candlewood Suites: new, contemporary and lower cost-to-build prototype designs are open or committed across 170+ properties; 93 hotels in the pipeline, including two openings in metro Atlanta in 2022
- Staybridge Suites: 34,000+ open rooms, with openings last year in Nashville, Tennessee, and Dubai; 156 hotels in pipeline, including Long Island City, New York
- voco Hotels & Resorts: fastest growing global brand in IHG history; strong U.S. pipeline inclusive of Chicago; Olympia, Washington; Sarasota, Florida; and a third property in New York City; 31 open hotels with 38 in pipeline, including Venice, Sydney and Edinburgh
- Crowne Plaza Hotels & Resorts: newly opened properties in the U.S. including Kearney, Nebraska, and Norcross, Georgia; 96 in the pipeline, and stunning new properties open in Phu Quoc, Vietnam; Cairo, Egypt; Budapest, Hungary
- EVEN Hotels: nearly 3,000 open rooms and 30 hotels in the pipeline; for the wellness-minded traveler, a Belgrade, Montana, property is expected to open in 2022 near Yellowstone National Park
- Six Senses Hotels Resorts Spas: in active discussions for desirable U.S. destinations such as California wine country, the Rocky Mountains and neighboring National Parks; 21 open hotels and 33 in the pipeline, with iconic openings slated in Brazil and Ibiza
- InterContinental Hotels: 23 signings globally in 2021, including InterContinental Grenada Resort, San Antonio, and a first in the Pacific Northwest with Seattle/Bellevue; 10 properties expected to debut in 2022 including an iconic Rome opening
- Vignette Collection: 6 hotels signed since August 2021 launch, including the first opening in Brisbane, Australia, and upcoming pipeline including the Grand Hotel in Vienna and the finest golf resort in the Algarve, Portugal; active discussions globally including within the U.S. and Americas
- Kimpton Hotels & Restaurants: continuing growth around the world with properties in Midtown Atlanta, Georgia; Roatán and Mexico City; recent signings include Raleigh, North Carolina, and Roswell, Georgia
- Hotel Indigo: 24 openings expected in 2022, including three neighborhood-inspired boutique hotels in New York City; the brand is on track to double its estate over 3-5 years
About IHGIHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.
With a family of 17 hotel brands and IHG Rewards, one of the world’s largest hotel loyalty programmes, IHG has nearly 6,000 open hotels in more than 100 countries, and a further 1,800 in the development pipeline. - Luxury & Lifestyle: Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo
- Premium: voco Hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels
- Essentials: Holiday Inn Hotels & Resorts, Holiday Inn Express, avid hotels
- Suites: Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood Suites
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated and registered in England and Wales. Approximately 325,000 people work across IHG’s hotels and corporate offices globally.
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