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        	  InterContinental Hotels Group has signed 
			  the first Holiday Inn Express hotel in Paraguay. 
			  The new-build 
			  120-room Holiday Inn Express Asuncion Aviadores hotel will be centrally located in Paraguay’s capital 
			  city of Asuncion, and joins IHG’s Crowne Plaza Asuncion 
			  hotel which is already open. 
			  Jorge Apaez, Chief 
			  Operating Officer, Mexico, Latin America and Caribbean, IHG said:,“IHG is pleased to introduce the Holiday Inn Express brand to 
			  Paraguay with the signing of this new property in Asuncion. 
			  Paraguay is one of the fastest-growing economies in Latin America, 
			  making this the ideal time to grow the IHG portfolio in the 
			  country.” 
			  Expected to be open by the end of 2018, the 
			  hotel will be located in the Aviadores area of Asuncion in close proximity to the World Trade Center 
			  Asuncion, Shopping del Sol and Paseo La Galeria. The hotel will 
			  also be only 15 minutes from the Silvio Pettrossi International 
			  Airport. 
			  At 
			  the Holiday Inn Express in Asuncion, guests will be able to enjoy 
			  amenities including an outdoor swimming pool, 24-hour fitness 
			  center, complimentary high-speed internet access, meeting rooms 
			  and complimentary parking. 
			  The hotel will also offer the brand’s 
			  complimentary Express Start breakfast bar, which features a full 
			  range of breakfast items, including regional and local dishes, a 
			  rotation of egg and meat selections, breads, yogurt, juices, 
			  fruit, pastries, cereals and coffee. 
			  The hotel will be owned and managed by 
			  Ventura Inversiones S.A..
  
   			  See other recent 
			  news regarding:
			  
			  IHG, 
			  
			  Holiday Inn Express,
			  
			  Asuncion,
			  
			  Paraguay 
 			  
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