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BPO Asesores Empresariales S.A in a Franchise Agreement with IHG Breaks
Ground for 122-room Holiday Inn Guayaquil-Airport in Ecuador

MIAMI-May 3, 2011 --IHG (InterContinental Hotels Group), (LON:IHG) (NYSE:IHG) (ADRs), the world's largest hotel group by number of rooms, and Latin America’s most experienced international hotel company, today announced the future 122-room Holiday Inn Guayaquil-Airport in Ecuador has broken ground. The seven-story hotel will be located adjacent and within walking distance to the Guayaquil International Airport and is scheduled to open in 2012.

The Holiday Inn Guayaquil-Airport is part of a 20-year franchise agreement with BPO Asesores Empresariales S.A. and is the second IHG hotel to be located in Ecuador, the first being the Holiday Inn Express Quito. The hotel’s convenient location next to the city’s main airport and key commercial and banking districts of the Kennedy Norte neighborhood make it ideal for business travelers. The Mall del Sol is also located nearby.

"We are extremely pleased to establish a presence in Guayaquil, the most populous city in Ecuador and an important business hub," said Jim Anhut, Chief Development Officer, IHG, Americas. "Guayaquil's modern, international airport is a great location for a Holiday Inn, and complements our existing Holiday Inn Express in Quito."

Guayaquil boasts a total population exceeding 3.3 million and is situated on the western bank of the Guayas River, which flows into the Pacific Ocean at the Gulf of Guayaquil. The city is Ecuador’s main economic hub with a regional influence in commercial, financial and cultural activities.

“We are proud to break ground in Ecuador’s largest city, further demonstrating our commitment to grow our portfolio in all the key markets across the region,” said Alvaro Diago, COO, IHG, Latin America and Caribbean. “Guayaquil is a well-traveled market for business as it is an important center for Ecuador's manufacturing and commercial industries. We are also excited about our flourishing relationship with BPO Asesores Empresariales S.A.”

The Holiday Inn Guayaquil-Airport will boast a contemporary, innovative design that provides accessible comfort and sets new standards for business travelers and families alike. It also will include an outdoor swimming pool, fitness center, lobby bar, restaurant and three meeting rooms.

“The Holiday Inn brand attracts the precise demographic we are seeking for the hotel in Guayaquil,” said Juan Carlos Santos of BPO Asesores Empresariales S.A. “Since the city is the country’s main business hub, the Holiday Inn brand, known for its dependability, comfort and value, is a perfect addition to the area.”

Once constructed, the new hotel will showcase elements of the completed $1 billion Holiday Inn global brand relaunch, the biggest ever project of its kind in the history of the hospitality industry. The relaunch includes a renewed focus on quality, improved arrival and welcome features, enhanced bedding and showers, a "Stay Real" service culture and a new, up-to-date look, including the redesigned logo and signage.

The Holiday Inn Guayaquil-Airport will include business-focused amenities like an ergonomic work station, data ports, complimentary high-speed Internet access in guest rooms, WiFi capabilities, which will allow guests to conduct conference calls for up to six participants even while using their computer online. In addition, each room will have the standard Holiday Inn guestroom accommodations – comfortable double, queen or king-sized beds, a sitting area with a lounge chair, cable television, hairdryer, coffee maker, iron and ironing board. Bathrooms will include a specially designed showerhead that offers superior pressure, as well as a signature shower curtain with curved rod and new amenities.

IHG has almost 200 hotels in Mexico, Central and South America and the Caribbean, and has been serving Latin America for 65 years. IHG has hotels situated in nearly every key market throughout Latin America and the Caribbean.

Holiday Inn Hotels and Resorts participates in IHG’s guest loyalty program, Priority Club® Rewards. The industry’s first and largest guest loyalty program has 56 million members. Priority Club Rewards membership is free and guests can enroll by logging on at priorityclub.com, by calling 1-888-211-9874 or by inquiring at the front desk of this hotel or any of IHG’s more than 4,400 hotels worldwide.

About Holiday Inn

With more than 1,200 hotels worldwide, Holiday Inn Hotels is the most widely recognized lodging brand in the world. In fact, Holiday Inn was one of the first international hotel brands to establish a presence in China in 1984. Holiday Inn Hotels and Resorts provides the services that business travelers need, while also offering a comfortable atmosphere where all people can relax and enjoy amenities such as restaurants and room service, swimming pools, fitness centers and comfortable lounges. The casual atmosphere and amenities such as meeting and on-site business facilities, KidSuites rooms and, Kids Eat and Stay Free programs, demonstrate the long-standing commitment of Holiday Inn Hotels and Resorts to serving travelers and have helped to establish the brand as “America’s Favorite Hotel.” For more information about Holiday Inn and Holiday Inn Resorts, including IHG’s new vacation resort brand Holiday Inn Club Vacations, or to book reservations, call 1-800-HOLIDAY or visit www.holidayinn.com.

InterContinental Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)] is the world's largest hotel group by number of rooms. IHG franchises, leases, manages or owns, through various subsidiaries, over 4,400 hotels and more than 640,000 guest rooms in 100 countries and territories around the world. The Group owns a portfolio of well recognized and respected hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites® and also manages the world's largest hotel loyalty program, Priority Club® Rewards with 56 million members worldwide.

IHG has almost 1,300 hotels in its development pipeline, which is expected to create 160,000 jobs worldwide over the next few years.

InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales.

IHG offers information and online reservations for all its hotel brands at www.ihg.com and information for the Priority Club Rewards program at www.priorityclub.com. For our latest news visit www.ihg.com/media, Twitter www.twitter.com/ihgplc or YouTube www.youtube.com/ihgplc.

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Contact:

Kreps DeMaria PR
Israel Kreps / Cristina Planas / Ana Maria Colmenares
305-663-3543
ikreps@krepspr.com / cplanas@krepspr.com / acolmenares@krepspr.com

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Also See: IHG Opens 92-room Holiday Inn Express Tampa North - Telecom Park in Tampa, Florida Following Rebranding and Upgrading / March 2011

IHG Appointed to Manage a New-Build 191-room Holiday Inn Hotel in Bogotá, Colombia / February 2011

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IHG Signs Agreements for Five New Holiday Inn and Holiday Inn Express Hotels Throughout Brazil / June 2009

E United Group Appoints InterContinental Hotels Group to Manage the 650 room Crowne Plaza Kaohsiung E-Da World in Kaohsiung, Taiwan / May 2009

IHG, Currently With 11 Hotels in India, Has 31 Management Contracts in the India's Pipeline / April 2009

India Hospitality Company Emaar MGF Signs Joint Venture with Global Hyatt Corporation to Develop 20 Hyatt Place Hotels Across India / January 2008
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