InterContinental Hotels Group to Manage World's Tallest Hotel in Nanjing

InterContinental Hotels Group to Manage World's Tallest Hotel in Nanjing

February 24, 2006

    * New four-hotel deal with Shanghai Greenland Group
adds more than 1,400 
      rooms across Nanjing, Xi'an and Shanghai
    * Includes world's tallest hotel, InterContinental
Nanjing 
    * Follows recent six-hotel Sichuan deal to further
reinforce leadership 
      position


    SHANGHAI, China, Feb. 24 /Xinhua-PRNewswire/ --
InterContinental Hotels Group announced the signing of four
new management contracts with Shanghai Greenland Group, one
of the top three real estate and property management
companies in China.  The deals include an InterContinental
hotel in Nanjing which will be the world's tallest hotel,
one Holiday Inn property in Xi'an and two Express by
Holiday Inn hotels in Shanghai, representing a total of
more than 1,400 rooms.

    Andrew Cosslett, chief executive, InterContinental
Hotels Group, stated, "This latest signing with
Greenland Group comes hot on the heels of our landmark
six-hotel signing in Sichuan with the Chengdu International
Exhibition & Convention Group.  These back-to-back
multiple-property deals with China's leading property
developers clearly illustrate our owners' and partners'
trust and confidence in us and cement our position as the
leading international hotel company in China.  We are
extremely optimistic about the outlook for the
region."

    Added Edmond Ip, InterContinental Hotels Group's chief
operating officer for North Asia, "This is an exciting
time for us.  We are sustaining strong growth in China and
have been given the opportunity to work with some of the
largest and most respected partners in the country. 
Shanghai Greenland Group is among the top three real estate
conglomerates in China and our partnership with them, on
multiple properties and hotel brands, is a great honour
that reflects their confidence in our ability to deliver
exceptional business results." 

    Zhang Yu Liang, president, Shanghai Greenland Group,
said: "The Greenland Group is in the midst of a
nation-wide expansion and we have great confidence in our
cooperation with the InterContinental Hotels Group.  Their
understanding of the Chinese market, consistently strong
growth and broad portfolio of brands catering to different
market segments makes them the ideal hotel partner for our
newest and most impressive developments."  

    The scheduled openings will comprise the following
hotels:

    In Nanjing, the gateway to southeastern China and a
historic city that is today one of the fastest-developing
in Asia Pacific:

    -- InterContinental Nanjing, a 450-room luxury hotel
located within the 
       proposed Nanjing International Financial Center,
which will be the 
       world's tallest hotel.  The hotel will offer
top-notch conference and 
       business facilities, three food and beverage
outlets, spa and pool.  
       Scheduled to open in 2010.

    In Xi'an, a prosperous and rapidly growing city that is
home to the famous Terracotta Warriors:

    -- Holiday Inn Greenland Xi'an, a 380-room mid-scale
hotel located in the 
       proposed Xi'an Hi-tech Development Zone,
approximately five kilometres 
       from the city centre.  Facilities will include
extensive meeting 
       facilities, a range of food and beverage outlets,
health club and pool
       .  Scheduled to open in 2007.

    In Putuo and Minghang, two of Shanghai's newest
industrial and commercial districts, which attract
international companies in the high-tech, light industrial
and logistics sectors:

    -- Express by Holiday Inn Putuo Shanghai, a 230-room
convenience-sector 
       hotel located close to the express city train
station and a major 
       shopping mall.  Scheduled to open in late 2006.

    -- Express by Holiday Inn Minghang Shanghai, a 350-room
convenience-sector 
       hotel in the newly-developed Minghang residential
district west of 
       Shanghai.  Scheduled to open in early 2007.

    Since embarking on its nation-wide strategy in 2001,
Shanghai Greenland Group has developed successful
properties in numerous cities across China, including
Nanchang, Hefei, Changchun, Nanjing, Chengdu, and Xi'an.
Headquartered in Shanghai, the Group has received the
coveted "A" rating from the Ministry of
Construction and is widely regarded as a leader in real
estate market research, design and development.

    Note to Editors

    InterContinental Hotels Group PLC of the United Kingdom
(LON: IHG; NYSE: IHG (ADRs)) is the world's largest hotel
group by number of rooms.   InterContinental Hotels Group
owns, manages, leases or franchises, through various
subsidiaries, almost 3,600 hotels and 539,000 guest rooms
in nearly 100 countries and territories around the world. 
The Group owns a portfolio of well recognised and respected
hotel brands including InterContinental(R) Hotels &
Resorts, Crowne Plaza(R) Hotels & Resorts, Holiday
Inn(R) Hotels and Resorts, Holiday Inn Express(R),
Staybridge Suites(R), Candlewood Suites(R) and Hotel
IndigoTM, and also manages the world's largest hotel
loyalty programme, Priority Club(R) Rewards.

    Asia Pacific is the fastest growing region for
InterContinental Hotels Group worldwide.  The Group's
portfolio in this region includes more than 160 hotels and
over 44,000 guest rooms under the InterContinental(R)
Hotels & Resorts, Crowne Plaza(R) Hotels & Resorts,
Holiday Inn(R) Hotels and Resorts, and Express by Holiday
Inn(R) brands.

    InterContinental Hotels Group offers information and
online reservations for all its hotel brands at
http://www.ichotelsgroup.com and information for the
Priority Club Rewards programme at
http://www.priorityclub.com .

    For the latest news from InterContinental Hotels Group,
visit our online Press Office at http://www.ihgplc.com/media
.

    For further press information and photos, please
contact:

     Sharona Tao
     Brand Public Relations & Communications Manager,
Greater China
     InterContinental Hotels Group
     Tel:   [phone]
     Fax:   [phone]
     Email: [e-mail]

SOURCE  InterContinental Hotels Group