IHG Breaks Ground on Two New-Build Staybridge Suites® Hotels in Guanajuato, Mexico in Partnership with Grupo Presidente

. January 17, 2017

GUANAJUATO, MX. January 17, 2017 - InterContinental Hotels Group (IHG), one of the world's leading hotel companies, and the largest global hotel company in Mexico, today announces the groundbreaking on two new-build 120-room Staybridge Suites® hotels in the Mexican cities of Irapuato and Silao. Both properties will be operated by Grupo Presidente®, one of IHG's long-term partners in Mexico.

The Staybridge Suites Irapuato hotel will be located eight miles north of downtown Irapuato along Federal Highway 45 and in close proximity to the Marabis Plaza, home to retail and food and beverage outlets. The Staybridge Suites Silao hotel will be situated in the Guanajuato Inland Port, the main business park in the Bajio region, and next to the Del Bajio International Airport. Both nine-story hotels will be located in the state of Guanajuato and are slated to open in late 2017.

Germán Ongay, RVP Franchise Sales & Development Mexico, IHG said: “We are extremely pleased to continue to grow the Staybridge Suites brand in Mexico. The brand is designed to create a warm and social environment for travelers who are away from home for weeks or months at a time and we will be able to provide home-like accommodations and amenities for those visiting both Irapuato and Silao.”

Grupo Presidente CEO Braulio Arsuaga Losada, said, “We are very proud to reinforce our relationship with IHG, and add two new hotels and a new IHG brand to our mutual portfolio, while strengthening our position as one of the most important firms in the hospitality industry.”

The Staybridge Suites brand is designed for business and leisure travelers who are spending an extended time away from home for business, relocation or leisure. Both 120-room properties in Irapuato and Silao will each feature a mix of 84 studios, 24 one-bedroom suites and 12 two-bedroom suites and will provide guests with amenities such as a complimentary, daily American-style hot breakfast buffet and The Social - the Staybridge Suites brand's complimentary evening reception. These properties will have on-site guest laundry facilities, 24-hour fitness and business centers, home theater, an outdoor swimming pool and outdoor living room with barbecue and fire pit.

Both hotels will be managed by Grupo Presidente, which has been operating seven Presidente InterContinental Hotels, as well as a Holiday Inn hotel and two Holiday Inn Resort hotels, for the last 20 years in the most important destinations in Mexico. The two new properties in Irapuato and Silao will join six other Staybridge Suites properties already open across Mexico. These Staybridge Suites hotels are located in Chihuahua, Guadalajara, Monterrey, Puebla, Queretaro, and San Luis Potosí.

About IHG

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 franchises, leases, manages or owns nearly 5,100 hotels and more than 750,000 guest rooms in almost 100 countries, with nearly 1,500 hotels in its development pipeline. IHG also manages IHG® Rewards Club, the world's first and largest hotel loyalty programme, with nearly 99 million members worldwide. InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales. More than 350,000 people work across IHG's hotels and corporate offices globally. Visit www.ihg.com for hotel information and reservations.

About Staybridge Suites Hotels

Staybridge Suites® is an innovative, all-suite hotel brand designed to meet the needs of extended stay guests seeking a warm sense of community in a home-like environment that is perfect for business, relocation and vacations. The Staybridge Suites brand continues to grow rapidly with 231 hotels open across the Americas, Europe and the Middle East. For more information about the Staybridge Suites brand visit www.StaybridgeSuites.com.

About Grupo Presidente

Grupo Presidente is a Mexican-based hotel management and ownership company currently operating in different segments. In the luxury segment, Grupo Presidente operates Presidente InterContinental Hotels & Resorts, in a co-branding agreement with IHG and in the midscale segment the Company manages properties under the Holiday Inn and Holiday Inn Resort brands. Grupo Presidente is also known for managing successful branded upscale restaurants as Au Pied de Cochon®, Alfredo di Roma®, The Palm®, Cafe Urbano®, Chapulín®, Balmoral®, Caña Brava®, El Caribeño®, Le Cap® and recently Canalla Bistro® and Alfredo Di Roma Trattoria®. The Company has a presence in the most important cities in Mexico: Mexico City, Guadalajara, Puebla, as well as tourist destinations such as Cancun, Los Cabos, Cozumel, Merida, and Ixtapa. Also, Grupo Presidente launched its first assisted living facility in alliance with Grupo Ballesol, a Spanish company specializing in senior care. Visit www.grupopresidente.com.mx for hotel and company information.

Contact:
Ada Hatzios
[email protected]
+1 (770) 604 8564

Isabel Azpiri
[email protected]
+52 (55) 5327-7782

Business Contact:

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