IHG Announces Signing of Second InterContinental Hotel in Greater Buenos Aires | Business Wire

MIAMI–(BUSINESS WIRE)–IHG (InterContinental Hotels Group), (LSE:IHG) (NYSE:IHG)(ADRs) the world’s

largest hotel group by number of rooms, has signed an agreement with

Complejo Bahia, S.A. for the InterContinental Nordelta Buenos Aires

Hotel, Residences & Spa. Set to open in early 2011, the property will be

located on the Bahia Grande in Nordelta, a mixed-use master plan

community in Greater Buenos Aires with residences, restaurants, shops

and a world-class golf course. The hotel will be owned by Complejo

Bahia, S.A. and will be managed by IHG’s

Americas division, The Hotel Management Group, under a long-term

management contract.

Located in the north part of Buenos Aires, approximately 33 kilometres

from the city center, lies Nordelta, an exclusive community that

includes thirteen neighborhoods and has a feeling of a village within a

city. The community provides an array of amenities, including swimming

pools, soccer

and tennis

fields, a shopping mall, a medical center, a sports club, three private

schools, playgrounds

and a private country club. There is also a corporate park situated in

Nordelta with several thriving businesses and multi-national

corporations. Nordelta’s landscape and series

of lakes, canals, grass and trees, makes it an excellent backdrop for

the Nordelta golf course, the only Jack Nicklaus golf course in

Argentina and an approved course of the PGA Tour with 18 holes, a

driving range, a chipping green and a putting green.

“We are delighted to be signing the

InterContinental Nordelta Buenos Aires Hotel, Residences & Spa as our

second InterContinental hotel in Greater Buenos Aires. This is a

significant project for us and we are thrilled to be able to establish

presence in such a great location in the thriving community of

Nordelta,” said Alvaro Diago, Area President, IHG, Latin America. “We

believe that this new property will continue to strengthen our position

across the region, as well as further demonstrate IHG’s

commitment to expanding in new, innovative and up and coming locations.”

“The signing of this new hotel is representative of the deep respect we

have for IHG, as a hotel group, and the brand value that is associated

with the InterContinental Hotels & Resorts name,”

said Walter Mosca, President of Complejo Bahia, S.A. “It is with great

pride that we enter into this agreement with IHG, and we look forward to

expanding our relationship with them and possibly collaborating with

them on future projects.”

The InterContinental Nordelta Buenos Aires Hotel, Residences & Spa will

comprise of 140 guestrooms including 20 suites, as well as 225

residences ranging in size from 800 sq. ft. to 1,900 sq. ft. In

addition, the resort will include a spa, fitness center, indoor and

outdoor swimming pools, six meeting rooms with a capacity of up to 600

people, two restaurants and a bar. Guests at the InterContinental will

also enjoy a convenient location on the Lago Central where a marina,

boat slips and direct access to the Rio Lujan provide access to a wide

range of watersports and recreation.

InterContinental Nordelta Buenos Aires Hotel, Residences & Spa will join

sister hotel InterContinental Buenos Aires, which is situated in the

financial district of the city and within walking distance from the

famous Calle Florida shopping street and main tourist attractions.

The world’s first truly international hotel

brand, InterContinental Hotels & Resorts has over 150 hotels, located in

more than 60 countries with local insight that comes from over 60 years

of experience. InterContinental believes that superior, understated

service and outstanding facilities are important, but what makes it

truly different, is its desire help guests make the most of their time.

Each hotel connects well-traveled guests to what’s

special about a destination, by sharing local knowledge so they enjoy

authentic experiences that will enrich their lives and broaden their

outlook. There are currently 154 InterContinental hotels across the

globe with 52,428 rooms and 67 hotels in the pipeline. IHG has 19

InterContinental Hotels & Resorts in Central, South America and in the

Caribbean. IHG has been serving Latin America for over 60 years, and in

fact the world’s first InterContinental hotel

was located in Belem, Brazil.

Notes to Editors:

InterContinental Hotels Group (IHG) (LSE:IHG) (NYSE:IHG)(ADRs) is the

world’s largest hotel group by number of rooms. IHG owns,

manages, leases or franchises, through various subsidiaries, over 4,000

hotels and more than 590,000 guest rooms in nearly 100 countries and

territories around the world. The Group owns a portfolio of well

recognized and respected hotel brands including InterContinental^®

Hotels & Resorts, Crowne Plaza^®

Hotels & Resorts, Holiday Inn^®

Hotels and Resorts, Holiday Inn Express^® ,

Staybridge Suites^® ,

Candlewood Suites^®

and Hotel Indigo^® ,

and also manages the world’s largest hotel loyalty program, Priority Club^® Rewards with over 39 million members worldwide.

IHG has more than 1,700 hotels in its development pipeline, which

will create 150,000 jobs worldwide over the next few years.

InterContinental Hotels Group PLC is the Group’s holding company and

is incorporated in Great Britain and registered in England and Wales.

IHG offers information and online reservations for all its hotel

brands at www.ihg.com

and information for the Priority Club Rewards program at www.priorityclub.com.

For the latest news from IHG, visit our online Press Office at www.ihg.com/media.

The post IHG Announces Signing of Second InterContinental Hotel in Greater Buenos Aires | Business Wire appeared first on Discounted Hotel Rooms.

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