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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