News for the Hospitality Executive
IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)]
today announced the latest
addition to the growing Holiday
Resort® portfolio with The Beach House, a Holiday Inn Resort –
Island. The property is a conversion from a Holiday Inn® hotel and
officially join the Holiday Inn Resort portfolio in March, after a $5
“This conversion reflects our strategy to bring Holiday Inn Resort hotels to leisure destinations that are convenient for our guests,” said Gina LaBarre, vice president, Brand Management, the Americas, IHG. “As part of the work surrounding the Holiday Inn relaunch, we identified opportunities for existing Holiday Inn hotels in resort markets to convert to the newly-created Holiday Inn Resort brand, paving the way for this renovation. This oceanfront property is in one of the most family-friendly vacation destinations in the world, making it an ideal addition to the Holiday Inn Resort portfolio.”
The Beach House, a Holiday Inn Resort – Hilton Head Island is located directly on the shoreline of the island’s popular Coligny Beach. With more than 50 miles of scenic peddling and nature trails at its doorstep, the 202-room resort’s newly designed interior emphasizes the island’s family-friendly biking culture and brings the island’s love for exploration indoors.
Upon arrival, guests are welcomed into a refined island atmosphere, with colorful bicycles suspended overhead. The property features an expanded oceanfront fitness center with new equipment, game room, remodeled restaurant, newly created oceanfront lounge, more than 4,500 square feet of meeting space, and the Tiki Hut, a wildly popular watering hole for locals and tourists alike. The guestrooms now feature a stylish, cool blue décor, new bedding and updated amenities, including flat screen TV’s, to reflect the natural colors and textures of the island landscape.
Integrated Capital, a Los Angeles based private equity firm, acquired the Holiday Inn - Hilton Head hotel in July 2011 with the goal of transforming the property into a casually elegant beachfront destination.
“Through our revitalization of this resort, we have embraced Hilton Head’s renowned island culture, incorporating it into every detail of the property,” said Stewart Cushman, Integrated Capital Partner. “This resort offers guests the perfect place for exploration or enjoying a relaxing beach escape,” added Kenneth Fearn, Integrated Capital Managing Partner.
The Beach House, a Holiday Inn Resort – Hilton Head Island is managed by Hospitality Ventures Management Group under a license agreement with a company in the InterContinental Hotels Group.
With the addition of this property, Holiday Inn Resort will have 18 locations in the Americas. Resorts in the pipeline include Big Bear, Calif.; Aguadilla, Puerto Rico; Bridgetown, Barbados; and San Miguel de Allende, Mexico.
Holiday Inn Hotels and Resorts participate in IHG's guest loyalty program, Priority Club® Rewards. The industry's first and largest guest loyalty program has 63 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 any of the more than 4,400 hotels in the IHG system worldwide.
About Holiday Inn
With over 1,200 hotels worldwide, Holiday Inn® 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 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.” And now, Holiday Inn is ranked highest in guest satisfaction among midscale full service hotel chains, according to the J.D. Power and Associates 2011 North America Hotel Guest Satisfaction Index StudySM.
For more information about Holiday Inn and Holiday Inn Resort hotels, including IHG’s new vacation resort brand Holiday Inn Club Vacations®, or to book reservations, call 1-800-HOLIDAY or visit www.holidayinn.com. Find us on Twitter http://www.twitter.com/holidayinn or Facebook www.Facebook.com/holidayinnhotels
For more information on Holiday Inn Resorts, visit www.holidayinnresorts.com.
About Integrated Capital LLC
Integrated Capital LLC, based in Los Angeles, California, is a private equity real estate group with a focus on hospitality. Since its inception Integrated Capital has invested approximately $400 million in hospitality assets and the principals directed more than $1 billion of hospitality acquisitions and development prior to forming Integrated Capital. Integrated Capital targets mid-scale through luxury full-service and extended stay hotels and resorts affiliated with brands throughout North America.
About IHG (InterContinental Hotels Group)
IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organization 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 program 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.
$52 Million Holiday Inn New York City Midtown Opens in New York; Owned
by Chesapeake Lodging Trust and Managed by Real Hospitality Group /
130-room Holiday Inn Express & Suites Atlanta Downtown Opens in
Georgia Following $7 Million Upgrade and Conversion from the Centennial
Inn Atlanta Hotel; Property is Owned by Jay and Nat Patel and Managed
by Luckie J. Management / February 2012
Lodge at Eagle Crest and Lodge at Running Y Ranch are Added to Holiday
Inn Resorts Portfolio; Owner, Northview Hotel Group, has Invested $6
Million in Recent Renovations of Both Properties / January 2012
Capital to Build Kuala Lumpur, Malaysia’s First Holiday Inn Express
with the 200-room Holiday Inn Express Bukit Bintang Slated to Open in
2015 / January 2012
Inn Express & Suites Phoenix Tempe University Opens in Arizona
Following $1.5 Million Renovation and Conversion from a Comfort Inn
/ January 2012
113-room Holiday Inn Express San Diego Sea World - Beach Area Opens in
California Following $1.5 Million Renovation and Conversion from a
Comfort Inn / December 2011
a $1.4 Million Update and Conversion from a Wingate by Wyndham, the
80-room Holiday Inn Express Atlanta I-85 Clairmont Opens in Georgia;
Owned by BKNS and Managed by Horizon Hospitality / December 2011
80-room Holiday Inn Express Downtown West Los Angeles Opens in
California Following a $1.25 Million Renovation and Conversion from a
Ramada Limited Hotel / November 2011
147-room Holiday Inn Express in Kennesaw, Georgia to Begin a $2 Million
Renovation / November 2011
94-room Holiday Inn Express & Suites Saint-Hyacinthe in Quebec
Becomes First Canadian LEED-Certified Hotel / September 2011
246-room New-build Holiday Inn Resort Phuket Mai Khao Beach Opens in
Thailand / September 2011
Signs Agreement with Owner, Inter-Oceanica Hotelaria e Turismo Ltda,
for the 110-room New-Build Holiday Inn Express in Rio Branco, Brazil
/ August 2011
to Open Newly Renovated 87-room Holiday Inn Express Medical District in
Springfield, Missouri Owned by JKD, Inc. and Managed by Rolling Oaks
Hospitality; Property will Showcase Features of the Brand's Worldwide
Relaunch Program / August 2011
Management, Inc and IHG Complete Renovation and Re-Launch Project for
the New 77-suite Holiday Inn Express Fort Lauderdale Airport-West,
formerly the Comfort Suites, in Davie, Florida / July 2011
LTD and IHG Open the 104-key New-build Holiday Inn Express San Antonio
NW Near SeaWorld in Texas / June 2011
Hospitality Partners & IHG Open the Holiday Inn Express Nashville
West I-40/Whitebridge Rd, Formerly the Baymont Inn, Following $1.5
million Enhancement / June 2011
American Hospitality Management and IHG, Through a Franchise Agreement,
Announce New Build 198-room Holiday Inn Express Panama City / June
Signs 54 Hotels in Europe Adding over 7,800 Rooms Across Crowne Plaza,
Staybridge Suites, Holiday Inn, Holiday Inn Express and Hotel Indigo
Brands / June 2011
Rest Management and IHG Open the 123-room Holiday Inn Express San Diego
Airport - Old Town Following a $2 million Conversion / June 2011
Remaining Three Holiday Inn Hotels & Resorts, Holiday Inn
Chiangmai, Holiday Inn Resort Regent Beach Cha-Am, and Holiday Inn
Resort Phi Phi Island, Complete Renovations as Part of US $1 billion
Global Brand Refresh / May 2011
Hospitality Completes $400,000 Renovation and Re-Launch Project for the
New 66-room Holiday Inn Express Salt Lake City South - Midvale,
formerly the Comfort Suites, in Midvale, Utah / May 2011
Wismatama Indah Makmur Signs Management Agreement with IHG for Proposed
160-room Holiday Inn Express in Bali, Indonesia / April 2011
in Joint Venture with Duet India Hotels Group to Develop 19 Holiday Inn
Express Hotels Across India, Adding 3,300 Rooms to IHG's Current India
Development Pipeline / April 2011
Opens 92-room Holiday Inn Express Tampa North - Telecom Park in Tampa,
Florida Following Rebranding and Upgrading / March 2011
|IHG Signs with RB Capital Hotels to Open Southeast Asia’s Largest Holiday Inn Express in Singapore; Up to 500 rooms Planned for the $300 million Hotel / November 2010|