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Acquisitions & Hotel Openings

Owned and Managed by SS Hoteis Eireli-ME, 209-Room Holiday Inn Goiânia Opens in Brazil

DENHAM, UK. October 24, 2017 - IHG, (InterContinental Hotels Group) one of the world’s leading hotel companies, today announces the opening of the new-build 209-room Holiday Inn® Goiânia hotel. This is IHG’s eighth Holiday Inn property in Brazil and the first IHG hotel in the Midwestern city of Goiânia, located about 130 miles from Brasilia, the nation’s capital. The new hotel is centrally situated near the city’s main thoroughfares and is in walking distance to the 'Feira do Sol' and 'Feira da Lua', banks, the Bougainville Shopping mall and local parks.

Gerardo Murray, Regional Vice President of Brands & Marketing, Mexico, Latin America and Caribbean, IHG, said: "We are very pleased to open this hotel in Goiânia and to continue growing the Holiday Inn brand in Brazil. Whether guests are traveling for business or leisure, we are committed to sharing the joy of travel by providing a clean, comfortable and affordable stay to everyone.”

Holiday Inn hotels are designed to provide a welcoming and sociable environment for travelers spending time away from home. The hotel’s amenities include wireless high-speed Internet access, a beautiful rooftop pool, fitness center, business center and six modern meeting rooms with a capacity for up to 500 people. The hotel’s restaurant serves both international and regional dishes for breakfast, lunch and dinner, and kids eat free with the purchase of an adult meal. After a long day at work, guests can also enjoy a refreshing drink in the hotel’s Holiday Bar located in the lobby.

Owned and managed by SS Hoteis Eireli-ME, the Holiday Inn Goiânia is franchised by an affiliate of IHG and is part of IHG’s diverse family of brands in nearly 100 countries and territories. The Holiday Inn brand opened the doors of its first hotel more than 65 years ago and since then has been making travel more enjoyable for generations of travelers all over the world. Whether on the journey of a lifetime, a family vacation or business, guests know they can expect the contemporary design, modern amenities and warm, welcoming service that distinguish the Holiday Inn brand.

The Holiday Inn brand is part of IHG’s diverse family of brands in nearly 100 countries and territories. The scale and diversity of the IHG family of brands means that its hotels can meet guests’ needs whatever the occasion – whether an overnight getaway, a business trip, a family celebration or a once-in-a-lifetime experience. The Holiday Inn brand participates in IHG® Rewards Club. The industry’s first and largest hotel rewards program is free, and guests can enroll at IHGRewardsClub.com, by downloading the IHG® App, by calling 1-888-211-9874 or by inquiring at the front desk of any of IHG’s more than 5,200 hotels worldwide. The hotel also participates in IHG Green Engage® and offers unique programs to ensure sustainability.

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, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®, Holiday Inn Resort®, Staybridge Suites® and Candlewood Suites®. IHG franchises, leases, manages or owns more than 5,200 hotels and nearly 780,000 guest rooms in almost 100 countries, with more than 1,500 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members. 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.

About the Holiday Inn® brand

The Holiday Inn® brand, which offers nearly 1,150 hotels and resorts worldwide, has helped millions of travelers discover the joy of travel since its inception in 1952. Designed to meet the needs of both business and leisure travelers, Holiday Inn hotels deliver memorable experiences through warm and welcoming service, contemporary design that blends the familiar with the new, and a sense of comfort unique to the brand and its iconic green sign. At Holiday Inn hotels, guests can find amenities to help them work and play, including full-service restaurants where Kids Eat Free, meeting and business facilities, bright swimming pools and comfortable lounges all designed to help guests relax and refresh, making travel more enjoyable for all. For more information about the Holiday Inn brand, visit www.holidayinn.com or call 1-888-HOLIDAY. Find us on Twitter www.twitter.com/holidayinn, Facebook www.facebook.com/holidayinnhotels or Instagram www.instagram.com/holidayinn.

Contact:
Caroline Huston
caroline.huston@ihg.com
+1 (770) 604 2495

Veronica Villegas
vvillegas@krepspr.com
+1(305) 663-3543

Coming Up In The December Online Hotel Business Review




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Feature Focus
Hotel Law: Issues & Events
There is not a single area of a hotel’s operation that isn’t touched by some aspect of the law. Hotels and management companies employ an army of lawyers to advise and, if necessary, litigate issues which arise in the course of conducting their business. These lawyers typically specialize in specific areas of the law – real estate, construction, development, leasing, liability, franchising, food & beverage, human resources, environmental, insurance, taxes and more. In addition, issues and events can occur within the industry that have a major impact on the whole, and can spur further legal activity. One event which is certain to cause repercussions is Marriott International’s acquisition of Starwood Hotels and Resorts Worldwide. This newly combined company is now the largest hotel company in the world, encompassing 30 hotel brands, 5,500 hotels under management, and 1.1 million hotel rooms worldwide. In the hospitality industry, scale is particularly important – the most profitable companies are those with the most rooms in the most locations. As a result, this mega- transaction is likely to provoke an increase in Mergers & Acquisitions industry-wide. Many experts believe other larger hotel companies will now join forces with smaller operators to avoid being outpaced in the market. Companies that had not previously considered consolidation are now more likely to do so. Another legal issue facing the industry is the regulation of alternative lodging companies such as Airbnb and other firms that offer private, short-term rentals. Cities like San Francisco, Los Angeles and Santa Monica are at the forefront of efforts to legalize and control short-term rentals. However, those cities are finding it’s much easier to adopt regulations on short-term rentals than it is to actually enforce them. The December issue of Hotel Business Review will examine these and other critical issues pertaining to hotel law and how some companies are adapting to them.