Intercontinental Hotels Group Introduces Its Luxury Intercontinental Brand To Shenzhen

SHENZHEN (Monday, December 19, 2005) - InterContinental Hotels Group has signed an agreement with the Overseas Chinese Town Group to manage the proposed InterContinental Shenzhen. This latest signing reflects a deepening of InterContinental Hotels Group’s already strong alliance with Overseas Chinese Town Group, which owns Crowne Plaza Shenzhen, also managed by InterContinental Hotels Group.


Said Mr. Edmond Ip, InterContinental Hotels Group’s Chief Operating Officer for North Asia, “Today’s signing is testament to our excellent relationship with the respected Overseas Chinese Town Group. We have worked hard, and worked closely, with Overseas Chinese Town Group to achieve top performance at Crowne Plaza Shenzhen and we are appreciative of the fact that they have chosen us to manage a second property for them. I believe that this demonstrates their faith in our capabilities and in our strong desire to deliver the best value to them.”


InterContinental Shenzhen will be located in the Nanshan District of Shenzhen, within the economically vibrant Pearl River Delta region. In Shenzhen alone, there are currently an estimated 160,000 enterprises, including a fifth of the world’s top 500 enterprises. In 2004, Shenzhen’s GDP climbed to 53.4 billion USD and the city welcomed 19.4 million foreign and domestic overnight stay visitors, a figure that represents an increase of 34% over the previous year.

“Shenzhen’s economy is growing rapidly and so is its hospitality industry. We are glad to be working with InterContinental Hotels Group, with its proven expertise and extensive experience, to seize the emerging opportunities. I have no doubt that having a strong partner with a good understanding of our needs and aspirations will help us ensure that InterContinental Shenzhen will be a big success,” said Mr. Ren Ke Lei, Chief Executive Officer of Overseas Chinese Town Group.

InterContinental Shenzhen will have 549 guest rooms, 29 service apartments, several specialty restaurants serving Cantonese and international fare, as well as 9 spacious meeting rooms and a 1,500 square-metre ballroom. Only a 20-minute drive from the Shenzhen Baoan International Airport, the hotel will also be in the vicinity of famous tourist destinations, various government municipal offices, and the city’s main exhibition centre.


InterContinental Hotels Group’s award winning InterContinental Hotels & Resorts brand is a truly global, luxury brand that is located in major cities and key resort destinations in more than 60 countries around the world. Offering high levels of comfort and excellent service, InterContinental Hotels & Resorts is a symbol of prestige, sophistication and success. It delivers comprehensive services specifically designed for the international business traveler, as well as a blend of luxury and local flavor that enhances leisure stays as well. Currently, InterContinental Hotels Group has 27 InterContinental hotels in Asia Pacific, including five in Greater China, namely InterContinental Hong Kong, InterContinental Grand Stanford, InterContinental Pudong Shanghai, InterContinental Shenyang, and the recently opened InterContinental Financial Street Beijing.

Note to Editors:

InterContinental Hotels Group PLC of the United Kingdom [LON:IHG, NYSE:IHG (ADRs)] is the world's largest hotel group by number of rooms. InterContinental Hotels Group owns, manages, leases or franchises, through various subsidiaries, almost 3,600 hotels and 539,000 guest rooms in nearly 100 countries and territories around the world. The Group owns a portfolio of well recognised and respected hotel brands including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel IndigoTM, and also manages the world's largest hotel loyalty programme, Priority Club® Rewards, with over 27 million members worldwide.

InterContinental Hotels Group offers information and online reservations for all its hotel brands at www.ichotelsgroup.com and information for the Priority Club Rewards programme at www.priorityclub.com.

For the latest news from InterContinental Hotels Group, visit our online Press Office at www.ihgplc.com/media.

For further press information and photos, please contact:

Sharona Tao

Brand Public Relations & Communications Manager, Greater China

InterContinental Hotels Group

Tel: +86 21 2893 3309

Fax: +86 21 2893 3399

Email: sharona.tao@ichotelsgroup.com

For More Infromation Please contact:
Sharona Tao
Public Relations & Communications Manager
Email: sharona.tao@ichotelsgroup.com

View all InterContinental Hotels Group Press Releases

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