PT Duta Anggada Realty & IHG to Develop 447-key Holiday Inn & Suites Jakarta Gajah Mada, Indonesia

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. December 04, 2013

Jakarta - December 4, 2013 - InterContinental Hotels Group (IHG), one of the world's leading hotel companies, and PT Duta Anggada Realty Tbk, have signed an agreement to develop Holiday Inn & Suites Jakarta Gajah Mada, adding to IHG's continued growth in Indonesia.

Located in the bustling Jalan Gajah Mada in North Jakarta, the 447-room Holiday Inn & Suites Jakarta Gajah Madah will not only feature hotel rooms, but also serviced apartments for guests who want to book extended stays at the hotel. The mixed-use development is opposite the LTC Glodok Mall, a short drive away from Jakarta's Central Business district and easy access from Jakarta International Airport, making it suitable for both business and leisure travellers in the Indonesian capital.

Commenting on its partnership with IHG, Ventje Suardana, President Director, PT Duta Anggada Realty Tbk, said, "The Holiday Inn & Suites Jakarta Gajah Mada will provide a good mix of facilities to cater to business and leisure travel in Jakarta. We are looking forward to working with IHG and leveraging the hotelier's expertise for the success of this new hotel."

Based in Jakarta, Duta Anggada Realty Tbk is one of the country's leading property developers and is under Duta Anggada Group, a group of companies with more than 40 years of experience in the residential, office and retail sector. The company boasts a track record of developing well-known properties in Jakarta including condominiums, Citywalk Sudirman and Chase Plaza along Jalan Sudirman.

Clarence Tan, IHG's Chief Operating Officer, South East Asia & Resorts, said, "Indonesia has seen very strong economic progress and industry trends have really fuelled the demand for our Holiday Inn brand. The Holiday Inn & Suites Jakarta Gajah Mada will be our first property in Indonesia to answer the increasing demand for travel in Jakarta, especially those who now need to stay for longer each time they visit."

Indonesia is currently the largest development pipeline for IHG in South East Asia with over 20 hotels slated to open in the next few years. This includes six Holiday Inn and more than 10 Holiday Inn Express hotels to cater to the country's growing midscale market.

Holiday Inn & Suites Jakarta Gajah Mada is expected to open in 2015.

About IHG (InterContinental Hotels Group)

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of nine hotel brands, including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, EVEN™ Hotels and HUALUXE™ Hotels & Resorts.

IHG manages IHG® Rewards Club, the world's first and largest hotel loyalty programme with over 76 million members worldwide. The programme was relaunched in July 2013, offering enhanced benefits for members including free internet for Elites across all hotels, globally.

IHG franchises, leases, manages or owns over 4,600 hotels and 679,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate over the next few years.

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.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihg.com/media, www.twitter.com/ihg, www.facebook.com/ihg or www.youtube.com/ihgplc.