Intercontinental Hotels
 |
|
| Public | |
| Traded as | : : IHG |
| Industry | Conglomerate (Hotels) |
| Founded | 2003 April 15 (origins trace back to 1777) |
| Headquarters | Denham, Buckinghamshire, United Kingdom |
|
Key people
|
Christopher Marshall (Chairman) Richard Solomons (CEO) |
| Services | Hospitality |
| Revenue | $1,715 million (2016) |
| $707 million (2016) | |
| $417 million (2016) | |
|
Number of employees
|
28,589 (2016) |
| Divisions |
Candlewood Suites Crowne Plaza Even Hotels Holiday Inn Holiday Inn Express Hotel Indigo IHG Army Hotels InterContinental Staybridge Suites |
| Website | www |
InterContinental Hotels Group PLC, informally InterContinental Hotels or IHG, is a British multinational hotels company headquartered in Denham, UK. IHG has over 742,000 rooms and 5,028 hotels across nearly 100 countries. Its brands include Candlewood Suites, Crowne Plaza, Even, Holiday Inn, Holiday Inn Express, Hotel Indigo, Hualuxe, InterContinental, Kimpton Hotels and Resorts and Staybridge Suites. Of the 4,602 hotels, 3,934 operate under franchise agreements, 658 are managed by the company but separately owned, and 10 are directly owned.
The origins of InterContinental Hotels Group can be traced back to 1777, when William Bass established the Bass Brewery in Burton-upon-Trent. In 1876, its red triangle logo was the first ever trademark registered in the United Kingdom.
In 1989, the British Government limited the number of pubs which brewers could directly own, resulting in Bass investing in the expansion of its small line of hotels. In 1990, it purchased Holiday Inn International from Kemmons Wilson and expanded into North America.
Pan American Airways founder Juan Trippe established the InterContinental brand as a division of PanAm and opened the first hotel in Belém, Brazil in 1946. On August 19, 1981, PanAm sold holding company InterContinental Hotels Corporation (IHC) to UK-based Grand Metropolitan for $500 million. As GrandMet focused its core business and expanded into fast food through the purchase of Burger King, it sold IHC to Japanese-based Saison Group in 1988.
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Wikipedia