Alliance Hospitality Completes Renovation of 132-room Holiday Inn-Cleveland East/Mentor in Ohio

. April 11, 2013

MENTOR, OHIO - April 11, 2013 - IHG (InterContinental Hotels Group) [LON: IHG, NYSE:IHG (ADRs)], the world's largest hotel group by number of rooms, announced today that the 132-room Holiday Inn-Cleveland East/Mentor has completed a $5 million renovation.

Alliance Hospitality, Inc., the hotel's ownership company, is proud to announce the following renovations and transformations to the 4-story property:

Enhancements to the hotel include a new open lobby concept featuring the E-bar business center, the Krave Barista, with made-to-order cappuccino, espresso and latte, Market 24, and the all new “Krave- Good Times, Great Food” restaurant and bar. All guest corridors feature new carpet, new wall vinyl, and up dated lighting package. Guest rooms offer all new decor and larger bathrooms, new carpet, lighting, furniture and bedding package, every room also contains a microwave and mini-fridge, and single cup coffee maker.

The hotel has added an expanded fitness center, featuring state-of-the-art cardio and weight equipment “Krave” is the hotel's new restaurant and bar, and will be open to the public for service on May 1, 2013. This highly anticipated restaurant will feature 2 bars, booths with private televisions, signature drinks and food items, as well as a private dining area for up to 8 guests.

The hotel meeting space has been completely reconfigured and offers over 11,000 square feet of space and for events ranging from 2- 500. On-site Audio/Visual is also available for events.

Ohm Patel, Managing Director for Alliance Hospitality, Inc. states, “The scope of this renovation demonstrates our confidence in the strength of the Mentor, Ohio market. There is tremendous potential in both the corporate and leisure travel segments and we are pleased to have a strong presence in the community.”

The Holiday Inn -Cleveland East/Mentor is located at 7701 Reynolds Road, Mentor, Ohio 44060 and is within walking distance to a dozen restaurants. The hotel offers such business conveniences as 6 meeting rooms, including the Alliance Board Room, the E-Bar Business Center, complimentary Wi-Fi throughout the entire building, restaurant and room service available for breakfast and dinner, the Krave Barista featuring fresh cappuccino, espresso and latte, and Market 24, Other amenities include a state-of-the-art fitness center, indoor pool, and an open lobby concept.

About Holiday Inn
With more than 1,200 hotels worldwide, Holiday Inn Hotels is the most widely recognized lodging brand in the world. In fact, Holiday Inn was one of the first international hotel brands to establish a presence in China in 1984. Holiday Inn Hotels and Resorts provides the services that business travelers need, while also offering a comfortable atmosphere where all people can relax and enjoy amenities such as restaurants and room service, swimming pools, fitness centers and comfortable lounges. The casual atmosphere and amenities such as meeting and on-site business facilities, KidSuites rooms and, Kids Eat and Stay Free programs, demonstrate the long-standing commitment of Holiday Inn Hotels and Resorts to serving travelers and have helped to establish the brand as “America's Favorite Hotel.” For more information about Holiday Inn and Holiday Inn Resorts, including IHG's new vacation resort brand Holiday Inn Club Vacations, or to book reservations, call 1-800-HOLIDAY or visit www.holidayinn.com.

Holiday Inn participates in Priority Club Rewards. With more than 61 million members, Priority Club® Rewards is the first, largest and fastest-growing guest loyalty program in the hotel industry. Winner of the 19th Annual Freddie Awards hotel loyalty “Program of the Year” and named “Best Hotel Rewards Program in the World” by Global Traveler magazine, Priority Club Rewards offers more sought-after benefits and the greatest ease of use of any hotel loyalty program.

Enrollment in Priority Club Rewards is free. Guests can enroll by logging on at priorityclub.com, by calling 1-888-211-9874 or by inquiring at the front desk of any of IHG's more than 4,500 hotels worldwide.

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organization operating seven hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites® . IHG also manages Priority Club® Rewards, the world's first and largest hotel loyalty program with over 61 million members worldwide.

IHG is the world's largest hotel group by number of rooms and franchises, leases, manages or owns over 4,500 hotels and more than 666,000 guest rooms in 100 countries and territories, and has more than 1,100 hotels in its development pipeline.

IHG is committed to gender balance throughout its business. We aspire to continue retaining a minimum of 25% female representation on the Board.

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 and reservations and www.priorityclub.com for more on Priority Club Rewards. For our latest news, visit www.ihg.com/media, www.twitter.com/ihgplc or www.youtube.com/ihgplc.

About Alliance Hospitality
Alliance Hospitality is an innovative next-generation hospitality management company, headquartered in Raleigh, North Carolina. Alliance was founded in 2003 to manage lodging assets for institutional investment groups, individual owners and lenders. Alliance Hospitality is one of only 10 management firms approved to manage a Marriott hotel. The company provides value by developing the highest caliber hospitality professionals, and through implementing proprietary tools and unique processes to create a comprehensive hospitality management system. The Alliance portfolio of full-service, extended stay, all-suite, and select service hotels includes 20+ hotels with 2,400+ rooms in 8 states, operating under agreements with Marriott, Hilton, IHG, Choice, and Starwood as well as Independent hotels.

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