IHG Signs Five Hotel Management Deals with HNA Group

Joining hands with China's emerging travel company

Shanghai, 11 May 2010 - InterContinental Hotels Group (IHG), the world's largest hotel group by number of rooms, today signed a management contract of five hotels with its new strategic partner HNA Hotels & Resorts Group (HNA Hotels).

The five hotels, under three of IHG's brands, will span from South to North China and add more than 1,300 rooms to IHG's pipeline.

"We are very excited about this newly formed partnership with HNA Hotels," said Keith Barr, managing director, IHG Greater China. "The combination of our brands, international expertise and systems with their local business insight will create hotels that guests will love."

HNA Hotels is a subsidiary of China's emerging travel company - HNA Group, an integrated operator in the modern service industry, with business in eight industry sectors, such as air transportation, logistics, tourism, finance and property development. HNA Hotels currently owns
and operates nearly 50 hotels in China.

"IHG's global hotel management expertise and well built networks in China has given us sufficient confidence in our co-operation," said Zhang Yi, Chairman of HNA Hotels. "The hotel brands that IHG owns will meet the needs of different groups of consumers and ensure the success of our hotels."

The five signed hotels are:
• InterContinental Haikou: 200 rooms, open in 1st quarter, 2014
• InterContinental Changchun: 300 rooms, open in 4th quarter, 2015
• Crowne Plaza Changchun Noble: 290 rooms, open in 4th quarter, 2012
• Crowne Plaza Kunming West: 300 rooms, open in 1st quarter, 2014
• Holiday Inn Beijing Sifang: 217 rooms, open in 1st quarter, 2012

Having been established in the China market since 1984, IHG has become a trusted partner for local owners through its successful operations and strategic expansion. Growing its footprint in Chinese cities, IHG currently has 125 hotels open under four brands - InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels & Resorts and Holiday Inn Express Hotels - with more than 100 hotels under development.

Media Contacts:
Sharona Tao
InterContinental Hotels Group
Tel: +86 21 2893 3309
Fax: +86 21 2893 3399
[email protected]

About IHG
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 4,400 hotels and more than 650,000 guest rooms in 100 countries and territories around the world. The Group owns a portfolio of well recognised and respected 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®, and also manages the world's largest hotel loyalty programme, Priority Club® Rewards with 48 million members worldwide.

IHG has over 1,300 hotels in its development pipeline, which will create 160,000 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

About HNA Groups
Established in 2000, HNA Group is an integrated operator in modern service industry. Its business ranges from air transportation, hotels, property, retailing, logistics to tourism. The Group currently owns and manages 13 airlines, 12 airports, 52 hotels and resorts and 6 public listed companies. Hainan Airlines, one of the group's core businesses is the fourth largest airline company in China.

HNA Hotels & Resorts Group was established in 1997, with 52 hotels and resorts and 6 golf courses. There are 4 major brands under the group's management including Tangla at luxury segment, HNA Grand Hotels and HNA Business Hotel at mid-scale segment and HNA Express Inn targeting the budget lodging segment.