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Sam Chang Opens a 26-story 112-room Holiday Inn Express
in New York City's Financial District

ATLANTA – July 8, 2010 - IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world's largest hotel group by number of rooms, announces the opening of the Holiday Inn Express Wall Street New York, serving both business and leisure travelers visiting New York City’s vibrant financial district.  The Holiday Inn Express Wall Street New York is part of an overall IHG effort to best meet the needs of visitors to the financial capital of the world. 

“Holiday Inn Express hotels are designed to be the smart choice for value-conscious business and leisure travelers,” said Gina LaBarre, vice president, Brand Delivery, The Americas, IHG.  “With more than 2,000 properties worldwide and nearly 600 properties in the pipeline, the Holiday Inn Express portfolio continues to expand in markets like New York City’s financial district, providing our guests with an enhanced-stay experience at a great value.  We welcome this hotel into the Holiday Inn family with the brand new sign and everything it represents.” 

“We are proud the new Holiday Inn Express Wall Street can showcase the brand’s new sign which represents changes that ensure our guests will experience fantastic service, with a fresh look, and brand new amenities throughout the hotel,” said owner Sam Chang of the McSam Hotel Group. 

Located at 124-126 Water St. at the corner of Water Street and Wall Street, the new Holiday Inn Express Wall Street New York is at a prime location for both business and leisure travelers.  It is just two blocks from the New York Stock Exchange and three blocks from the Federal Reserve Bank. For leisure travelers the hotel is close to popular attractions such as the South Street Seaport, Battery Park and the ferry to the Statue of Liberty. 

Guests at the 26-story Holiday Inn Express Wall Street, with 112 units, will experience a comfortable and smart environment with innovative preferred guest upgrades to ensure a productive stay while traveling for business or leisure. The hotel features special in-room amenities such as free high-speed Internet access and 32” flat-panel HDTV's.  Additionally, there is wireless Internet access throughout the hotel, a business center, a meeting room and great room, and a fitness center. The SimplySmart™ shower incorporates a proprietary Stay Smart™ Kohler showerhead, signature shower curtain with curved rod, upgraded 100-percent cotton terry towels and a custom line of cinnamon-scented bath products.  Guests will also enjoy the SimplySmartTM bedding collection where they will find new, crisp fresh bedding which features an attractive decorative throw, a medium-weight duvet blanket and soft 200 thread-count sheets. 

The Holiday Inn Express Wall Street New York is among the first Holiday Inn hotels to open in the downtown New York City area with the brand’s new signage, which is the seal of approval that they exemplify the standards of the $1 billion Holiday Inn brand relaunch program. First announced in 2007, the Holiday Inn global brand relaunch was established to create a more contemporary brand image – improving quality and driving consistency across the global portfolio. The global estate of more than 3,300 Holiday Inn and Holiday Inn Express properties are expected to be relaunched by the end of 2010, and more than 2,500 hotels have already been relaunched to date. 

The Holiday Inn Express Wall Street New York is owned by the McSam Hotel Group under a licensing agreement with a company in the InterContinental Hotels Group. 

About McSam Hotel Group
McSam Hotel Group is one of New York City’s preeminent lodging developers. Within the last four years McSam Hotel Group has opened the following IHG lodging facilities: Holiday Inn Express Wall Street New York, Holiday Inn Wall Street New York, Holiday Inn Express West 45th Street, Holiday Inn West 26th Street, Holiday Inn Express West 29th Street, Holiday Inn Express West 39th Street and New York City’s first Candlewood Suites on West 39th Street. 

McSam Hotel Group also develops other franchised lodging facilities with Starwood, Marriott Hilton and Hyatt as well as independent hotels. McSam Hotel Group currently has in construction in NYC over 13 properties. McSam Hotel Group also received IHG’s prestigious “Developer of the Year” award in 2006. 

About Holiday Inn Express
Holiday Inn Express hotels are modern hotels for value-oriented travelers.  Fresh, clean and uncomplicated, Holiday Inn Express hotels offer competitive rates for both business and leisure travelers.  Guests Stay Smart® at Holiday Inn Express hotels where they enjoy a free hot Express Start® Breakfast Bar, free high-speed internet access and free local phone calls (US and Canada only).  There are currently more than 2,000 Holiday Inn Express hotel locations around the globe.  For more information about Holiday Inn Express hotels or to book reservations, call 1-800-HOLIDAY or visit 


Sherry Telford
Corporate Communications Specialist
IHG | 3 Ravinia Drive, Suite 100, Atlanta, GA 30346 

Also See: Magna Hospitality Group Set to Open 115 room Holiday Inn Express in Brooklyn, New York / August 2006
The 125-room Holiday Inn Express Midtown-Fifth Avenue Represents the First Property in New York City for the Holiday Inn Express Brand / October 2005

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