InterContinental Hotels Group

InterContinental Hotels Group

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InterContinental Hotels Group

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Description:
InterContinental Hotels Group plc (IHG) (, ) is a global hotels company headquartered in Denham, United Kingdom. It is the largest hotels company in the world measured by number of rooms (with 646,000 as of January 2010), and has over 4,500 hotels in over 100 countries. Its brands include InterContinental, Holiday Inn, Crowne Plaza and Park Royal. Around 3,800 of the company's hotels operate under franchise agreements, around 630 are managed by the company and 16 are owned.

Its primary listing is on the London Stock Exchange and it is a constituent of the FTSE 100 Index. It has a secondary listing on the New York Stock Exchange.

History

Bass Hotels

InterContinental Hotels Group can be traced back to 1777 when William Bass established the Bass Brewery in Burton-upon-Trent.

In 1989, the British Government limited the number of pubs brewers could directly own, so Bass began to grow their small line of hotels. In 1990, they purchased Holiday Inn International from Kemmons Wilson, expanding themselves into North America.

InterContinental

The InterContinental brand began in 1946 as part of Pan American Airways under Juan Trippe, when the first hotel opened in Belém, Brazil. In 1981, holding company...
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