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The InterContinental Hotels Group today announced the termination of its
management contract with Keio Plaza Hotel Co Limited which owns Keio Plaza InterContinental Tokyo. The termination will take effect on September
30, 2003.
Said InterContinental Hotels Group's Mr Edmond Ip, Chief Operating Officer for
North Asia, "Given the new InterContinental Hotels & Resorts' brand directions and standards, Keio Plaza InterContinental Tokyo will no longer be
part of our portfolio of hotels in Japan. Despite this, we are still very committed
to Japan and will continue to maintain our presence in Tokyo with InterContinental Tokyo Bay, Crowne Plaza Metropolitan Tokyo and Holiday
Inn Tokyo Commercial Centre.''
InterContinental Hotels Group has been partnering Keio Plaza Hotel Co
Limited for more than 20 years.
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