IHG & M.I.K Corporation to Develop First Crowne Plaza® Hotel on Phu Quoc Island, Vietnam

The 300-room Crowne Plaza Phu Quoc Starbay to Welcome Guests in 2017

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. June 17, 2015

Vietnam, Phu Quoc. June 17, 2015 - InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, has signed a management agreement with leading real-estate investor and developer in Vietnam, M.I.K Corporation (M.I.K), for a 300-room Crowne Plaza hotel on the island of Phu Quoc.

Crowne Plaza Phu Quoc Starbay will be one of IHG's first hotels in Phu Quoc and the company's third Crowne Plaza in Vietnam, joining Crowne Plaza West Hanoi and Crowne Plaza Danang. Slated to open in 2017, Crowne Plaza Phu Quoc Starbay will be part of the new Star Bay/Green Hill development, which will also feature a lagoon, beach village and a range of shops, restaurants and bars.

The hotel, which is accessible via major highways, is close to both the island's town centre of Duong Dong and the new Phu Quoc International Airport, making it a prime venue for corporate and leisure events. As one of the most reputable meetings hotel brands in the world, the Crowne Plaza hotel will have a business centre to address guests' business needs during their holiday. A dedicated meeting and events team will also be on site to help clients plan and transform the hotel's six meeting spaces to suit a variety of event needs.

One of the main highlights of the hotel will be a beautiful wedding chapel, ideal for couples looking for a unique wedding destination. After a romantic beachside nuptial, the bridal couple and their guests can adjourn to the 240-seater ballroom for the evening banquet to round up the night.

Located along the coast of Dai Beach in north-west Phu Quoc, guests will be steps away from stunning beaches offering pristine white sand and clear waters for an afternoon of lounging, snorkelling and scuba diving. Dai Beach was ranked "Top 100 Beaches" by CNN in 2013 and "Top 5 Hidden Beaches" by ABC News in 2008. The hotel's all-day dining, beachside specialty restaurant, "Surf Shack" and pool bar will provide guests with a great choice of options for meal times, and with a fully equipped fitness centre, outdoor pool, spa and kid's club, there will be something for everyone who comes to stay.

Leanne Harwood, Vice President, Operations, South East Asia, IHG said: "Phu Quoc is going through exciting times. We've seen the positive impact that development of the new international airport has bought, and the upcoming expansion of the cruise terminal will also help drive tourism. The visa-free entry for a series of travellers has also helped growth in visitor arrivals. We're entering Phu Quoc at a great time and couldn't have asked for a better location on the island to open Crowne Plaza Phu Quoc Starbay with M.I.K Corporation."

John Lim, CEO, M.I.K Corporation, said: "We are delighted to work with IHG - the world's largest hotel company - to bring the first Crowne Plaza hotel to Phu Quoc. The island is growing as a tourism destination and as one of the few hotels in the market with a range of meetings and events facilities, Crowne Plaza Phu Quoc Starbay will be in a great position to cater to the growth in business and leisure travellers."

Crowne Plaza, a trusted name for business travellers worldwide, is one of the fastest growing hotel brands in the world with more than 400 hotels open in over 65 countries, with 92 hotels due to open in the next three to five years.

IHG has six hotels open across two brands in Vietnam: two Crowne Plaza hotels and four InterContinental hotels and resorts with a further seven hotels and resorts in the development pipeline.

About IHG (InterContinental Hotels Group)

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton Hotels & Restaurants, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, EVEN™ Hotels, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®. IHG manages IHG® Rewards Club, the world's first and largest hotel loyalty programme with nearly 86 million members worldwide. The programme was relaunched in July 2013, offering enhanced benefits for members including free internet across all hotels, globally. IHG franchises, leases, manages or owns more than 4,900 hotels and 720,000 guest rooms in nearly 100 countries, with more than 1,200 hotels in its development pipeline. Over 350,000 people work across IHG's hotels and corporate offices worldwide. 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.