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Long-time Owner of the Holiday Inn Select Little Rock Spending
$12 million to Convert Hotel to a Crowne Plaza
 
ATLANTA (May 22, 2007) – IHG (InterContinental Hotels Group) announces plans for a $12 million conversion to a 243-room Crowne Plaza hotel in Little Rock, Ark., this summer. The five-story property, built in 1986 and serving previously as a Holiday Inn Select, is owned and operated by Goff and Associates of Little Rock, under a license agreement with a company in the InterContinental Hotels Group. The Crowne Plaza Little Rock will be the first Crowne Plaza hotel for Arkansas.
 
“We are thrilled to welcome Crowne Plaza Little Rock to our portfolio,” said Kevin Kowalski, vice president, Brand Management, Crowne Plaza Hotels & Resorts, North America. “Changes in the Little Rock market have created the demand for upscale assets for its many business travelers, and we are confident they’ll both enjoy and appreciate our industry-leading meetings services and Sleep Advantage® program.”
 
The Crowne Plaza Little Rock will offer top-notch facilities and services, including 7,500 sq.-ft. of meeting and banquet space; a restaurant and lounge; both indoor and outdoor swimming pools; 32” LCD televisions and cordless phones in every guest room; and a state-of-the-art fitness center. Easily accessible at the intersections of I-430 and I-630 and just seven miles from downtown, the property is located in the heart of the business community. Nearby, guests will find the William J. Clinton Presidential Library, the Arkansas State Fairgrounds, the Statehouse Convention Center, Robinson Auditorium and the University of Arkansas at Little Rock.
 
Crowne Plaza was recently recognized by Lodging Hospitality magazine as one of the industry’s top growing brands. As part of the InterContinental Hotels Group global portfolio, Crowne Plaza Hotels & Resorts has 278 hotels in 48 countries, and are located in major urban centers, gateway cities and resort destinations. For reservations at Crowne Plaza properties, visit www.crowneplaza.com or call 1-800-2CROWNE.
 
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, over 3,700 hotels and 558,000 guest rooms in nearly 100 countries and territories around the world. The Group owns a portfolio of well recognized and respected hotel brands including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel Indigo®, and also manages the world's largest hotel loyalty program, Priority Club® Rewards with over 31 million members worldwide.

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Contact:

Monica Smith
Media Relations Specialist
IHG
p. 770.604.5562
monica.smith@ihg.com

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Also See: Carpenter Hotel Group Invests $12 million in the Former Best Western InnTowne Hotel in Little Rock; Now Flagged the Holiday Inn-Downtown Little Rock-Presidential Conference Center / March 2003
After $19 million Renovation, Peabody Hotel Group Reopens the 263 room Hilton Little Rock Metro Center / July 2004
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