24 September 2008

IHG Announces Opening of $45 Million Staybridge Suites® in Las Vegas

First Staybridge Suites to open in the Entertainment Capital of the World

ATLANTA (Sept. 24, 2008) - IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms today announced the opening of a new $45 million 118-room Staybridge Suites in Las Vegas.  The upscale extended-stay property is the city's first Staybridge Suites hotel.

"We're very pleased to bring the Staybridge Suites brand to Las Vegas," said Robert Radomski, vice president, Brand Management, Extended-Stay Brands, IHG.  "Not only is it a well-known leisure destination, but Las Vegas is also a highly-traveled corporate market, and our extended-stay amenities, such as full kitchens, comfortable living areas, housekeeping and meal services, will appeal to guests whether they're in the area for business or leisure." 

The new five-story all-suite hotel, originally built as a timeshare facility, features two well-designed spacious suite options (deluxe studio and one-bedroom).  All suites offer balconies with views of the bright lights of Las Vegas and include in-room DVD/CD players; functional, well-lit work stations with ergonomic seating, two-line speaker phones with direct-dial number, personal voice mail and complimentary local phone calls, and fully equipped kitchens.

Consistent with the Staybridge Suites brand, the new property offers exceptional guest amenities including a deluxe complimentary daily breakfast buffet featuring Wolfgang Puck coffee, complimentary guest laundry and workout facilities, a complimentary 24-hour business services center, a guest library with books and games for guest use free of charge, and BridgeMart®, the hotel's 24-hour convenience store stocked with snacks, sundries, beverages and easy-to-prepare meals.  Guests are invited to get comfortable in the hotel's Great Room for evening "Sundowner" receptions three days a week for complimentary refreshments, light appetizers and conversation.  Internet connectivity is provided throughout the hotel with complimentary "Wireless Anywhere." 

The Staybridge Suites Las Vegas offers the brand's new Outdoor Living Room concept, featuring a place where guests can relax and interact alfresco surrounded by amenities such as comfortable outdoor all-weather furniture, three pool-side cabanas, a fire pit, grills, music and desert landscaping.  The hotel also offers meeting space for business functions or special events.

The new property is located four blocks from the Las Vegas Strip, just minutes from the Mandalay Bay Convention Center and close to several casinos, including the Luxor, MGM Grand and New York-New York.  Guests looking to visit the opposite end of the Strip can hop on the Las Vegas monorail, a four-mile system running from the MGM Grand to the Sahara.  Town Square, a mix of retail, restaurant and office space, and Callaway Golf Center are also a short drive away from the hotel.

"The location of this property is ideal because of its close proximity to several meeting facilities and leisure attractions," said MJ Wise, general manager. "Our unique extended-stay amenities allow us to cater to those who plan to stay for longer periods of time while traveling for business, as well as those visiting the area for its appealing tourist attractions."

Staybridge Suites participates in IHG's guest loyalty program, Priority Club® Rewards.  The industry's first and largest guest loyalty program has more than 39 million members.  Priority Club Rewards membership is free and guests can enroll by logging on at priorityclub.com, by calling 1-888-211-9874 or by inquiring at the front desk of this hotel or any of IHG's more than 4,000 hotels worldwide.

The Staybridge Suites Las Vegas is owned by Gary Tharaldson and is managed by Tharaldson Property Management, under a license agreement with a company in the InterContinental Hotels Group.  The hotel is located at 5735 Dean Martin Dr., Las Vegas, Nev., 89119 Telephone: 702-259-2663; Facsimile: 702-798-4155. 

About Staybridge Suites Hotels

Staybridge Suites® is an innovative all-suite hotel brand designed to meet the needs of extended-stay guests.  It is ideal for travelers seeking a residential-style hotel that is perfect for business, relocation and vacations.  Amenities include: three suite types (deluxe studio, one-bedroom and two-bedroom/2 bath) with fully equipped kitchens, highly functional work areas, two-line speaker phone with voicemail and direct dial access and free high-speed internet access. Staybridge Suites offers free "Wireless Anywhere", complimentary daily deluxe breakfast buffet and evening Sundowner reception three days a week, and 24-hour business services featuring complimentary PC work stations and free Internet access.

Staybridge Suites entered the extended-stay segment in December 1998 when its flagship location in Alpharetta, Georgia, opened. Since that opening, the Staybridge Suites brand continues to grow rapidly with more than 130 hotels open across the Americas, Europe and the Middle East.  There are 180 Staybridge Suites in the pipeline, including 14 outside of the Americas.

Staybridge Suites was recently named best in customer satisfaction during both the first and second quarters of 2008. Based on 35,000 customer interviews in a Market Metrix Hospitality Index (MMHI) quarterly survey, guests named Staybridge Suites the leader in customer satisfaction within the upscale hotel segment. Staybridge Suites' score surpassed thirteen other hotel brands in this category.

http://www.staybridge.com/

Media Contacts:    

Caroline Sanfilippo, Staybridge Suites, [email protected], 770-604-2495                            

Monica Smith, Staybridge Suites, [email protected], 770-604-5562    

Notes to Editors:

InterContinental Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)] is the world’s largest hotel group by number of rooms. IHG owns, manages, leases or franchises, through various subsidiaries, over 4,000 hotels and more than 590,000 guest rooms in nearly 100 countries and territories around the world. The Group owns a portfolio of well recognised and respected hotel brands including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel Indigo®, and also manages the world’s largest hotel loyalty programme, Priority Club® Rewards with over 39 million members worldwide.

IHG has more than 1,700 hotels in its development pipeline, which will create 150,000 jobs worldwide 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.

IHG offers information and online reservations for all its hotel brands at www.ihg.com and information for the Priority Club Rewards programme at www.priorityclub.com. For the latest news from IHG, visit our online Press Office at www.ihg.com/media

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