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IHG Corporate Responsibility Innovation Fund Launches to Identify and Invest
in Partners with Innovative Positive Community and Environmental Solutions

August 30, 2012 - IHG today launches the IHG Corporate Responsibility (CR) Innovation Fund, an initiative that aims to identify and invest in partners innovating environmental and societal solutions that might positively impact the hotel industry.

IHG is committed to improving the environmental sustainability of its operations around the world and having a positive impact on the local community, in turn, driving economic opportunity in and around its hotels. IHG’s Corporate Responsibility strategy is based on innovation, collaboration, environment and community and the IHG CR Innovation Fund is a pioneering programme by IHG to bring these together.

As part of the IHG CR Innovation Fund start-up, IHG will run a series of Calls for Collaboration, focused on key questions relevant to its hotels around the world. The first Call for Collaboration is focused around the legacy of the London 2012 Olympic and Paralympic Games.

IHG’s Holiday Inn brand is the hotel provider for London 2012 and is committed to helping ensure a lasting legacy around our 11 hotels in the six host boroughs of the Olympic and Paralympic games. The company is seeking a social enterprise partner that can help IHG hotels amplify their contribution to the Olympic Legacy in the London 2012 host boroughs.

This first phase is open to UK businesses with operations in East London and the chosen partner(s) will receive a cash grant of up to £12,000 to help develop their innovation and will also receive in-kind business skills support if required from IHG executives to help unlock future growth potential.

Applications will be accepted from 29 August to 19 October 2012 and a shortlist of entries will be published on 1 November 2012. Reviews will take place from 1 to 18 November 2012 and the social enterprise(s) chosen to collaborate with IHG will be announced on 3 December 2012, 12 weeks after the end of the London 2012 Olympic and Paralympic Games.

David Jerome, Senior Vice President of Corporate Responsibility says: “The perceived tension between tourism and sustainability creates a space for innovation. Corporate Responsibility is at the core of our business strategy. It is about how we do business and create value for the company as well as for society. This Innovation Fund clearly demonstrates IHG’s commitment.”

Visit www.ihgcrinnovationfund.com for further information on the fund and how to enter. From 1 November, the shortlist of entries will be open for voting.

For more information about IHG’s approach to corporate responsibility, see IHG’s Corporate Responsibility Report and www.facebook.com/IHGCorporateResponsibility.

IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with nine hotel brands including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites®, as well as our two newest brands, EVEN™ Hotels and HUALUXE™ Hotels & Resorts. IHG also manages Priority Club® Rewards, the world’s first and largest hotel loyalty programme with over 67 million members worldwide.

IHG franchises, leases, manages or owns over 4,500 hotels and more than 666,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate 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.

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, www.facebook.com/ihg or www.youtube.com/ihgplc.
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Contact:

Joanna James
IHG
+44 (0) 1895 512 112
joanna.james@ihg.com
 


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