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113. IHG Sells InterContinental London Park Lane
InterContinental Hotels Group has agreed to sell InterContinental London Park Lane to Constellation Hotel (Opco) UK S.A., which is an affiliate of Constellation Hotels Holding Limited, a Middle Eastern private investment group. IHGs leasehold interest in the hotel has been sold for gross cash proceeds of 301.5m, 62% above 31 December 2012 net book value.
114. IHG Launches New Upscale Hotel Brand - voco
InterContinental Hotels Group has launched voco, a new upscale hotel brand. voco will focus primarily on conversion opportunities and will strengthen IHGs offer in the $40 billion upscale segment, which is expected to grow by a further $20 billion by 2025.
115. IHG Signs Third voco Hotel in Australia
IHG has signed its third voco hotel in Australia since the brands global launch in June. Part of the under-construction 380 Melbourne skyscraper that is being built and developed by Brady Group with a high end residential offering, the 252-room voco Melbourne Central will feature all the unique and playful hallmarks of the voco brand. The hotel is scheduled to open in July 2020.
116. SANZAR and IHG Extend Partnership
SANZAR and InterContinental Hotels Group have extended their long-standing partnership for a further three years, covering the 2016-18 seasons. As part of the agreement, IHG is the Exclusive Hotel Partner throughout Australia, New Zealand, Singapore and Japan during Super Rugby and The Rugby Championship.
117. IHG Launches Bahasa Indonesia and Thai Language Booking Websites
InterContinental Hotels Group has launched Bahasa Indonesia and Thai language booking websites, bolstering its rapid expansion efforts across South East Asia. This latest development follows the successful launch of both language versions of the IHG mobile app earlier this year.
118. IHG Signs First voco Hotel in New Zealand
IHG has signed a franchise agreement with Pro-invest that will see the first voco hotel in New Zealand open in Auckland in 2021. The 200-room voco Auckland City Centre hotel will feature an all-day restaurant and bar, and guest gym.
119. IHG Opens Holiday Inn Bogota-Airport
InterContinental Hotels Group has opened the Holiday Inn Bogota-Airport in Bogota, Colombia. It is IHGs sixth property in the country, across four brands InterContinental, Crowne Plaza, Holiday Inn and Holiday Inn Express. The new-build, eight-story Holiday Inn Bogota-Airport features 191 rooms and is located within ten minutes of El Dorado International Airport.
120. IHG Signs Management Contracts for Six Hotels in India
IHG Signs Management Contracts for Six Hotels in India. InterContinental Hotels Group has signed a series of contracts for the management of six new hotels with leading Delhi-based developer, Amrapali Group. This strategic relationship marks the launch of Holiday Inn Express in India one of the fastest growing hotel brands in the limited service category, opening on average two

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