Singapore, May 17, 2007 � A. Patrick Imbardelli, Chief Executive of
IHG (InterContinental Hotels Group) Asia Pacific, has been named �Hotelier
of the Year 2006� at the 10th Asia Pacific Hotel Investment Conference,
organised and hosted by Jones Lang LaSalle Hotels.
The eighth recipient to receive the prestigious award, Mr. Imbardelli
has been leading many high-profile developments for the group since he
took on his role at IHG Asia Pacific in 2003.
IHG today has grown to 188 hotels in the region, with 105 more in the
development pipeline. The company is now the largest international hotel
group in Greater China, well on track to achieving its goal of having 125
hotels opened by 2008. The recently formed IHG ANA Hotels Group Japan �
a joint venture with All Nippon Airways � makes IHG the biggest international
hotel operator in Japan, the second largest hotel market in the world.
IHG is also growing in India, another strategic business tourism market
within the region.
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A. Patrick Imbardelli, on the right, Chief Executive of IHG (InterContinental
Hotels Group) Asia Pacific, receiving the award from Peter Barge, Chairman
of Jones Lang LaSalle Hotels & CEO of Asia
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IHG�s family of brands have crossed major milestones in profitability
and distribution growth under Mr. Imbardelli�s leadership, delivering consistent
value to hotel owners. Holiday Inn Hotels and Resorts is now the most recognised
brand in China, while Crowne Plaza & Resorts is one of the fastest
growing hotel brands in Asia Pacific. InterContinental Hotels & Resorts
continues to build on its legacy as a leading premium brand, and the recent
introduction of the franchise model for Holiday Inn Express in China is
yet another strategic move in a key market for IHG.
A veteran hotelier, Mr Imbardelli has over 24 years of experience in
the hotel and tourism industry. A member of the Young Presidents� Organisation,
he has held key appointments in industry bodies and other advisory boards,
including the Global Hoteliers Society. Both the Fred Hollows Foundation
and the Variety Club International have recognized him for contributions
to the disadvantaged and underprivileged children in Australia and Southeast
Asia.
Each year, the Asia Pacific Hotel Investment Conference honours an Asia
Pacific Hotelier who has had the greatest impact on the region�s hospitality
industry. The Hotelier of the Year award was first presented at the
3rd Asia Pacific Hotel Investment Conference in 2000. Mr. Imbardelli
joins the list of past winners including:
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Mr. Kwek Leng Beng, Executive Chairman of Hong Leong Group
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Dr. Hari Harilela, Chairman of The Harilela Group
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Mr. Richard Hartman, Managing Director of InterContinental Hotels Group
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Mr. Gwee Liang Kheng, President and Chief Executive Officer of publicly
listed company Hotel Plaza Limited, and also President and CEO of United
Overseas Land
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Mr. David Baffsky, Chairman of ACCOR Asia Pacific
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Dr. Lo Ka Shui, GBS JP, Deputy Chairman and Managing Director of Great
Eagle Holdings and Chairman of the Langham Hotels International Group
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Mr. Giovanni Angelini, Chief Executive Officer and Managing Director of
Shangri-La Hotels and Resorts
Held annually in Singapore, the Asia Pacific Hotel Investment Conference
is widely recognized as the premier forum for the Asia Pacific hospitality
industry. A �By-Invitation Only� event, the conference brings together
senior decision-makers of hotel owning and operating companies as well
as investors. The 10th Asia Pacific Hotel Investment Conference has the
sponsorship support of Accor Asia Pacific, Baker and McKenzie, Hilton International,
IHG, Marriott International, Shangri-La Hotels and Resorts, Starwood Hotels
and Resorts and The Registry Collection.
About Jones Lang LaSalle Hotels
Jones Lang LaSalle Hotels, the first and leading global hotel investment
services firm, is uniquely positioned to provide both the depth and breadth
of advice required by hotel investors and hotel companies, through a robust
and integrated local network. In 2006, Jones Lang LaSalle Hotels provided
sale and purchase advice on 186 hotel transactions globally; representing
a combined value of US$9.3 billion, a total of 43,272 hotel rooms in 78
cities. In addition advisory and valuation services were provided on 589
assignments globally for 136,270 rooms across approximately 280 cities.
The global team comprises 187 hotel specialists, operating from 23 offices
in 14 countries. The firm�s advice is supported by a dedicated global research
team, which produced over 45 publications in 2006 in addition to bespoke
client research. Jones Lang LaSalle Hotels� services span the hospitality
spectrum, from luxury single assets and large portfolios to select service
and budget hotels, resorts and pubs. Their services include investment
sales, mergers and acquisitions, capital raising, valuation and appraisal,
asset management, strategic planning, operator selection, management contract
negotiation, consulting, industry research and project development services.
Jones Lang LaSalle Hotels� clients have access to the resources of its
parent company, Jones Lang LaSalle (NYSE: JLL). www.joneslanglasallehotels.com.
About IHG
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 recognised 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 programme,
Priority Club® Rewards.
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