IHG hits 1,000 open hotels milestone in Asia Pacific

IHG Hotels & Resorts has reached 1,012 open hotels in Asia Pacific (APAC) – a major milestone for the global hospitality company as it accelerates its growth across the region.

IHG has welcomed guests at many outstanding new properties in APAC over the past year, with stand-out openings across many of its brands including Holiday Inn Hotels & Resorts, InterContinental Hotels & Resorts, Regent Hotels & Resorts, Hotel Indigo, Vignette Collection, voco hotels and Crowne Plaza Hotels & Resorts.

With demand for hotel stays expected to increase again this year, and strong projected long-term growth, the future looks bright for travel in the region. Having exceeded the 1,000 hotels landmark, IHG intends to be the hotel company of choice for guests and owners across its portfolio of properties in established and upcoming destinations.

Rajit Sukumaran, SVP & Managing Director, East Asia & Pacific (EAPAC), IHG Hotels & Resorts, said: “To hit 1,000 open hotels in Asia Pacific – including more than 700 in Greater China – is a fantastic achievement for IHG in one of the most dynamic regions in the world. We’re seizing the great long-term opportunities by investing in our brands, delivering great returns for our owners, and driving growth in our markets."

“We know that people have a fundamental desire to travel and meet in person and, whether it’s for leisure or business, we’re there for them and offer a wonderful selection of hotel brands and experiences for all types of travel."

“We’re achieving this by maintaining our industry-leading position in the Mainstream segment through our much-loved Holiday Inn and Holiday Inn Express brands, which make up more than half of IHG’s existing portfolio and half of its pipeline in APAC."

“We’re also investing in our six Luxury & Lifestyle brands, which account for 22% of our global pipeline, around twice the amount five years ago. We have built up a strong presence in this segment in the region, with 45% of the global Luxury & Lifestyle pipeline in APAC. It is home to about 60% of our InterContinental brand’s global pipeline, as well as iconic award-winning hotels across Six Senses and Regent. There are also many great examples of our Kimpton and Hotel Indigo brands, and it’s great to see Vignette Collection, IHG’s first collection brand, resonating so well with guests and owners alike."