IHG Signs Crowne Plaza Hotel in Medellin

MIAMI--(BUSINESS WIRE)--

InterContinental Hotels Group (IHG)IHG IHG (ADRs), one of the world's leading hotel companies, announces the signing of a new-build, 199-room Crowne Plaza® hotel in Medellin, Colombia. The Crowne Plaza Hotels & Resorts brand is one of the fastest growing hotel brands in the world, with nearly 400 hotels open across more than 60 countries. The hotel will be located in Medellin's upscale "El Poblado" neighborhood, occupying one of two towers in the Palmanova luxury, mixed-use development and connected to the Palma Real Multiplaza. This will be IHG's third property in Medellin, joining the InterContinental® Medellin and the Holiday Inn Express® Medellin. There are nine hotels open and seven hotels in the development pipeline in Colombia across IHG's InterContinental® Hotels & Resorts, Crowne Hotels & Resorts, Holiday Inn®, and Holiday Inn Express® brands.

Slated to open in 2018, the Crowne Plaza Medellin hotel is owned by Grupo Contempo S.A.S., which also owns the Holiday Inn Express Bogota. Grupo Contempo plans to develop several other IHG-branded hotels, including three Holiday Inn Express hotels expected to open by 2015 in Bogotá's Zona Financiera, Cartagena and Barranquilla.

Joel Eisemann, chief development officer, the Americas at IHG commented: “Colombia is an important market for IHG in Latin America. We have solidified our presence in Colombia by partnering with outstanding groups such as Grupo Contempo. This is the fifth project we have signed with Grupo Contempo, and we are looking forward to continuing to grow with them. We are extremely enthused about this Crowne Plaza project, which will feature a modern design that is in line with the new, fresh image and direction in which the Crowne Plaza brand is going.”

The Crowne Plaza Medellin is situated at the foothills of the mountain range and offers sweeping views of the city, including a 360° view from the pool bar located on the top floor. The hotel will feature a ground floor restaurant and lobby bar, a flexible 4,500 sq. ft. ballroom and about 1,000 sq. ft. of meeting space, as well as signature amenities such as the fitness center, business center and the Crowne Plaza Sleep Advantage® program that encompasses the entire sleep experience – from services provided by a well-trained staff to innovative products that create a restful environment.

Alvaro Diago, chief operating officer, Latin America and the Caribbean, IHG said: “We are committed to offering business travelers staying at Crowne Plaza hotels the high-touch amenities and services that enable them to be productive while on the road. We are excited to have a new hotel to meet the needs of these guests, providing them with a well-recognized hotel brand that delivers a consistent guest experience near to Medellin's domestic and financial entities, manufacturing and production facilities and other businesses.”

Crowne Plaza hotels participate in IHG's guest loyalty program, IHG^® Rewards Club, which is the industry's first and largest guest loyalty program and offers members valuable experiences and benefits, such as free Internet and Reward Night point redemption at IHG's broad portfolio of over 4,7000 hotels worldwide. It is free to join by enrolling at ihgrewardsclub.com, downloading the IHG^® app or inquiring at any IHG hotel's front desk.

IHG has been a leading international hotel company continuously operating in Latin America for more than 65 years. There are 88 IHG-branded hotels open in the region and 27 more hotels in the development pipeline, eight of which will open in Colombia in the cities of Barranquilla, Bogotá, Cartagena, Cucuta, and Yopal.

About Crowne Plaza^® Hotels & Resorts

Part of the IHG global portfolio, the Crowne Plaza^® Hotels & Resorts brand is a dynamic upscale hotel brand located in nearly 65 countries around the world in major urban centers, gateway cities and resort destinations. As the fourth largest upscale full-service hotel brand in the world and one of the fastest growing, the Crowne Plaza brand has a solid foundation for future growth. The portfolio has doubled since 2003 to nearly 400 hotels, and the global pipeline has increased fourfold to nearly 100 hotels. At Crowne Plaza hotels, we help our guests feel energized and productive, and our Sleep Advantage^® program ensures our guests get a great night's sleep to power through their day. For reservations at Crowne Plaza properties, visitwww.ihg.com/crowneplaza or call 1-877-2CROWNE. Connect with us on Twitter: www.twitter.com/crowneplaza or Facebook: www.Facebook.com/crowneplaza.

Notes to Editors:

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organization with a broad portfolio of nine hotel brands, including InterContinental^® Hotels & Resorts, Hotel Indigo^®, Crowne Plaza^® Hotels & Resorts, Holiday Inn^® Hotels & Resorts, Holiday Inn Express^®, Staybridge Suites^®, Candlewood Suites^®, EVEN™ Hotels and HUALUXE^® Hotels and Resorts.

IHG manages IHG^® Rewards Club, the world's first and largest hotel loyalty program with over 82 million members worldwide. The program was relaunched in July 2013, offering enhanced benefits for members including free internet across all hotels, globally.

IHG franchises, leases, manages or owns over 4,700 hotels and 697,000 guest rooms in nearly 100 countries, with almost 1,200 hotels in its development pipeline.

InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales.

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, www.twitter.com/ihg, www.facebook.com/ihg or www.youtube.com/ihgplc.