{HBR_LEAD_468x60.media}

Business & Finance

IHG Signs with Quantum Hi-Tech Group to Develop Largest Hotel in Fiji, Crowne Plaza Fiji Wailoaloa Beach

453-room Crowne Plaza Fiji Wailoaloa Beach marks the debut of the brand in the heart of the South Pacific

NADI, FJ. November 14, 2017 - InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, has signed a management agreement with Quantum Hi-Tech Group Limited to develop the largest hotel in Fiji, Crowne Plaza Fiji Wailoaloa Beach.

Opening in 2020, the new 453-room Crowne Plaza Fiji Wailoaloa Beach will boast tranquil ocean views and feature direct access to the beach. The Crowne Plaza Fiji Wailoaloa Beach is located just a short ten-minute drive from Fiji’s main airport, Nadi International Airport.

With its prime beachfront location, leisure travellers will be able to unwind while enjoying unparalleled sunset views from one of the island’s finest beaches, right at their doorstep. Guests can also choose to relax and dine at any of the five restaurant and bar offerings at the resort, including a pool bar and a beach club. The resort will also feature one of the largest conference centres in Fiji, a fully-equipped 24-hour fitness centre, two swimming pools and a Kid’s Club among other exclusive resort facilities.

Rajit Sukumaran, Chief Development Officer, Asia, Middle East and Africa (AMEA), IHG said: “As the most popular travel destination in the South Pacific, the islands of Fiji accounts for close to 40 percent of travel to the South Pacific, a figure that continues to grow annually. In 2017 alone, Fiji recorded an increase of 7.8 percent in the number of international travellers visiting the country. This strong growth potential represents a key opportunity for us to introduce the Crowne Plaza brand to Fiji.”

“As the first resort in Fiji for the brand, Crowne Plaza Fiji Wailoaloa Beach complements IHG’s existing portfolio of brands in the South Pacific, allowing us to better meet the different needs of travellers visiting the Fiji. Guests can look forward to a truly immersive travel experience with the Crowne Plaza Fiji Wailoaloa Beach, with such vast, pristine natural beauty that Wailoaloa offers. With panoramic ocean views, we invite guests to take in the exquisite wonders of the island from the comfort of the resort, whether in their rooms or in and around the resort.”

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, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®, Holiday Inn Resort®, avid™ hotels, Staybridge Suites® and Candlewood Suites®. IHG franchises, leases, manages or owns nearly 5,300 hotels and more than 785,000 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.

Contact:
Chris Waite
chris.waite@ihg.com
+61 (4) 38 943 562

Coming Up In The December Online Hotel Business Review




{300x250.media}
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.