InterContinental Hotels Group plans to open 150 hotels in China doubling its presence to 300 during the next five years, said the company's Greater China CEO, who also revealed the hotel operator is developing a specific brand for China that is expected to hit the market by 2012 to 2013.
InterContinental Hotels Group PLC engages in the ownership, franchising, management, and leasing of hotels and resorts. It operates its hotels under various brands, including InterContinental Hotels & Resorts; Crowne Plaza Hotels & Resorts; Holiday Inn Hotels & Resorts, including Holiday Inn Club Vacations; Holiday Inn Express; Staybridge Suites; Candlewood Suites; and Hotel Indigo. As of December 31, 2009, the company had 4,438 franchised, managed, owned, and leased hotels with 646,679 guest rooms in approximately 100 countries and territories worldwide. InterContinental Hotels Group was founded in 1967 and is headquartered in Denham, the United Kingdom.
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