12 January 2016
New York Hotel Marks 5,000th Opening for IHG
The opening of this landmark New York property takes IHG’s global system size to 5,000 hotels, in nearly 100 countries. This outstanding achievement illustrates the strength of IHG’s leading portfolio of brands, which are loved by millions of guests around the world.
The hotel is a joint venture between IHG and Brack Capital Real Estate (BCRE) and is IHG’s third for the Hotel Indigo® brand in New York City. It is located in one of Manhattan’s most attractive neighbourhoods and reinforces IHG’s leadership position in the boutique segment, the fastest growing in the hotel industry.
Richard Solomons, Chief Executive Officer, IHG, commented: “Reaching 5,000 open hotels with the addition of the Hotel Indigo Lower East Side New York is an incredible milestone for IHG. It is testament to our well-established, long-term strategy for high-quality growth, and the strength of our brands, which focus on distinct segments to cater to a broad range of guest needs and occasions.
“Over time we have built a leading portfolio of hotel brands and scale where it matters most. Alongside our network of owner relationships and powerful digital platforms, these remain the key drivers behind our consistently strong performance. The recent landmark openings that make up our ‘5,000 Club’ also demonstrate the momentum behind our brand portfolio and our ability to increase our presence in the world’s most important growth markets.”
In December 2003, the number of IHG properties globally totalled just over 3,500. Since then, a net 1,500 hotels have been added to the portfolio, with IHG’s emphasis on quality driving guest satisfaction levels to an all-time high. This includes the hospitality industry’s largest ever brand refresh for the Holiday Inn® brand family, during which IHG removed more than 1,000 properties across the brand’s estate and re-launched a further 3,300.
To mark the occasion, IHG has released details of several other recent landmark hotel openings around the world. Each opening contributed to IHG breaking through the 5,000-hotel milestone and forms part of IHG’s '5,000 Club'.
View our infographic, which captures IHG's global presence and our journey to the 5,000 hotel milestone
IHG's '5,000 Club'
Hotel Van Zandt, a Kimpton® Hotel – Austin, Texas: The 319-room hotel is located in Austin’s Rainey Street Historic District and marks Kimpton’s debut in the city. Its design embodies an elegance and edginess inspired by Austin’s world renowned music scene.
EVEN® Hotels New York – Times Square South: A 150-room flagship EVEN™ Hotels property in the heart of Midtown Manhattan. The opening is our third for the EVEN brand in the US.
InterContinental® London – The O2: Located on the Greenwich Peninsula and immediately adjacent to The O2 Arena. The 453-room hotel features a health spa, numerous restaurants, and a sky bar with 270-degree views over the River Thames and Canary Wharf.
HUALUXE™ Haikou Seaview: The HUALUXE Haikou Seaview is our third HUALUXE hotel in Greater China and our first in a resort location.
Holiday Inn Express® New Delhi International Airport Terminal 3: A 93-room hotel in India’s Indira Gandhi International Airport, the Holiday Inn Express New Delhi International Airport Terminal 3 marks the entry of the brand into New Delhi.
IHG’s route to 5,000 hotels
IHG has also achieved a series of significant milestones across its portfolio of brands, since becoming a standalone company. Each has made a significant contribution to IHG reaching 5,000 open hotels. Key milestones include:
2003: IHG becomes a standalone company and acquires Candlewood Suites®; more than triples the presence of the brand following acquisition.
2004: IHG launches the Hotel Indigo® brand. Hotel Indigo has more than 60 properties open globally and this number is expected to double in size within the next three to five years.
2007: IHG embarks on the hospitality industry’s largest ever brand refresh for its Holiday Inn® brand family. Holiday Inn now has more than four times the number of rooms outside of the US than its nearest competitor, whilst Holiday Inn Express® has doubled its presence outside the US since 2007. This makes the Holiday Inn brand family the largest global hotel brand in the world, with the largest global pipeline.
2012: IHG launches HUALUXE® Hotels and Resorts, the first hotel brand specifically designed for Chinese travellers. IHG opened its first HUALUXE® properties in 2015.
2012: IHG launches the EVEN™ Hotels brand for wellness-minded travellers; an industry first. IHG opened its first two EVEN properties in the US, in 2014.
2013: IHG celebrates opening of 200th hotel in Greater China.
2014: IHG opens its 400th Crowne Plaza® property and 200th Staybridge Suites® hotel.
2015: IHG acquires the world's largest independent boutique hotel operator, Kimpton® Hotels & Restaurants, creating a leading boutique business together with the Hotel Indigo brand.
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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, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, EVEN™ Hotels, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®.
IHG franchises, leases, manages or owns more than 5,000 hotels in nearly 100 countries, with more than 1,300 hotels in its development pipeline. IHG also manages IHG® Rewards Club, the world’s first and largest hotel loyalty programme with more than 90 million members worldwide.
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.
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