Tuesday, September 29, 2009

First Holiday Inn Opens in the Dominican Republic

MIAMI (September 24, 2009) - IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)], the world's largest hotel group by number of rooms, today announced the opening of the new Holiday Inn Santo Domingo in the Dominican Republic. This is the first Holiday Inn located in Santo Domingo and also the first Holiday Inn in the Caribbean to incorporate the brand's new hallmarks which, is the seal of approval that this hotel exemplifies the standards of the $1 billion Holiday Inn brand relaunch program. The 7-story, 141-room hotel will open under a management agreement with Inexpress Dominicana, S.A., a sister company of Inverplata S.A., which owns the InterContinental V Centenario Santo Domingo, and as the second IHG property in Santo Domingo.

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