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IHG and Bangladesh Services Sign Management Agreement
for the InterContinental Dhaka in Bangladesh

The Current Ruposhi Bangla Hotel Will Close for Renovation
and Re-Branding to Re-Open as the InterContinental in 2014

21 February, 2012 - IHG (InterContinental Hotels Group), the world’s largest hotel group by number of rooms, and Bangladesh Services Limited (BSL) today announce the signing of a 30-year management agreement for the InterContinental Dhaka.

The hotel, currently operating as the Ruposhi Bangla Hotel, will initially be managed as the Rupushi Bangla Hotel before closing for an extensive renovation to upgrade it to InterContinental brand standards. The re-opening of the hotel, due in 2014, will mark InterContinental’s re-entry to Bangladesh.

Situated in a prime location in the capital city, the hotel will feature large guest rooms, an all day dining restaurant, two specialty restaurants, a deli, bar and InterContinental Club Lounge. Business facilities will include a business centre, ballroom, convention centre and multiple meeting rooms. Guests will also be able to relax and enjoy the hotel's health club, spa and pool.

Chris Moloney, Chief Operating Officer, South West Asia, IHG said,“Dhaka has all the right prospects to continue growing as a business and tourist destination, so we’ve invested a great deal of time and effort to bring the InterContinental brand back to Bangladesh. Following an extensive renovation, InterContinental Dhaka will once again take its place in the heart of the city, welcoming business and leisure travellers from around the world.”

With a population of around 15 million, Dhaka continues to be the primary growth engine for Bangladesh’s economy. The expanding middle class population and the city’s key financial and commercial centres have put Dhaka on the map as an emerging tourist destination.

There are 170 InterContinental Hotels & Resorts in more than 60 countries around the world, with an additional 58 hotels in the global development pipeline.

IHG has 110 hotels across India, Middle East and Africa, operating under the InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express and Staybridge Suites brands. The company has a further 96 hotels in the region’s development pipeline which are due to open over the next three to five years.

About IHG

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation operating seven 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®. IHG also manages Priority Club® Rewards, the world’s first and largest hotel loyalty programme with over 63 million members worldwide.

IHG franchises, leases, manages or owns over 4,400 hotels and more than 658,000 guest rooms in nearly 100 countries and territories, and has more than 1,100 hotels in its development pipeline.

IHG expects to recruit around 90,000 new people worldwide across its estate over the next few years and is committed to gender balance throughout its business. We aspire to continue retaining a minimum of 25% female representation on the Board.

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

Visit www.ihg.com for hotel information and reservations and www.priorityclub.com for more on Priority Club Rewards. For our latest news, visit www.ihg.com/media, www.twitter.com/ihgplc or www.youtube.com/ihgplc.
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Contact:

Emma Corcoran
Communications Director, India, Middle East and Africa, IHG
Mobile: +971 (0) 50 655 2207
Office: + 971 (0) 4 213 6069
Email: emma.corcoran@ihg.com

Bindi Saikia
Bite Communications
Mobile: +91 9818913289
Email: bindi.saikia@bitecommunications.com



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