InterCon Group tops in number of rooms

DUBAI - InterContinental Hotels Group is now the world's largest hotel group by number of rooms, as well as the most global, according to a recent worldwide ranking of hotel companies.

By A Staff Reporter

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Published: Wed 28 Apr 2004, 10:12 AM

Last updated: Wed 1 Apr 2015, 11:53 PM

The 2004 MKG Consulting Survey shows that International Hotels Group now has more rooms than any other hotel group as a result of strong growth in its managed and franchised operations and its recent acquisition of the Candlewood Suites brand in the Americas.

This success is further evidence of the Group's efforts to drive revenue by extending its network of hotels across the globe, a policy which has been underlined by recent developments in the Middle East and Africa where the company has seven new hotels under development and many more in the pipeline.

InterContinental Hotels Group now owns, manages, leases or franchises 3,520 hotels and 536,318 guest rooms in nearly 100 countries and territories around the world.

These hotels span brands such as InterContinental Hotels and Resorts, Crowne Plaza, Holiday Inn, Express by Holiday Inn, Staybridge Suites and now, Candlewood Suites.

Commenting on the survey results, Richard North, chief executive of InterContinental Hotels Group said: "InterContinental Hotels Group now has more rooms in more places than any other hotel company. This is excellent news for our customers who now have an unparalleled choice of hotels and locations to visit as well as for our shareholders as it allows us to further leverage our scale to drive returns."

In the Middle East and Africa, the company's continued expansion was highlighted recently by the opening of its 72nd hotel under management in the region, the InterContinental Abu Soma Resort Red Sea, followed by the same-day signing of management contracts for the InterContinental Dubai Festival City and the InterContinental Lagos.

The company now has seven properties under development in the region, and many more in the pipeline. Next month, the 792-room InterContinental Heliopolis Cairo opens in the Egyptian capital, and also under development are InterContinental hotels in Taba, Egypt and Aqaba, Jordan, along with Holiday Inn properties in Cairo and Jordan.

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