IHG passes 6,000 openings milestone

by | 20 Jun 2022 | Portfolio

Image: IHG Hotels & Resorts CEO, Keith Barr, rings the New York Stock Exchange bell alongside CFO Paul Edgecliffe-Johnson, IHG executives, hotel general managers, and colleagues to commemorate the brand’s 6,000 open hotels milestone.

IHG is celebrating 6,000 open hotels by unveiling the ‘6,000 Club’ of recent hotel debuts, showcasing the global reach of its 17 brands.

The 6,000 Club features a collection of stunning newly-opened hotels from IHG’s portfolio including: Six Senses Fort Barwara – a 14th-century converted fort in India; Regent Phu Quoc – the first all-suites-and-villas resort under the upper luxury brand in Southeast Asia, located off the southwest coast of Vietnam; Kimpton Margot Sydney – an art deco-style site marking the Australian debut for the brand; voco The Hague – the first for the brand in Netherlands; Atwell Suites Denver Airport – Tower Road – the second hotel to open for IHG’s newest all-suites brand, and Staybridge Suites Al Khobar City – the second for the brand in Saudi Arabia.

Marking the milestone

The milestone was commemorated by IHG CEO, Keith Barr, at the New York Stock Exchange when he rang the bell to signal the day’s close of trading, alongside local hotel general managers and colleagues.

In the past five years, IHG has broadened its appeal to owners and guests by acquiring or launching six brands to take the portfolio to 17. The new additions include luxury and lifestyle brands Six Senses, Regent and Vignette Collection; premium brand, voco hotels; essentials brand, avid hotels; and suites brand, Atwell Suites.

More expansion ahead

The group is set to grow its portfolio by a further 30%, with more than 1,800 hotels already signed in its development pipeline.

IHG’s Barr said: “I’m incredibly proud of our IHG Hotels & Resorts teams for reaching a milestone of 6,000 hotels open around the world, and would like to thank our owners for their collaboration and our guests for their love and trust in our brands.

“Every single property we open is a cause for celebration as we offer guests unrivalled experiences in amazing locations and give owners even more reasons to work with us. With over 1,800 hotels in our pipeline, I’m looking forward to IHG’s next chapter of growth and to celebrating plenty more milestones to come.”

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