IHG Reaches 1,000 Open Hotels Milestone in Asia Pacific

IHG Hotels & Resorts has achieved a significant milestone in its expansion across the Asia Pacific (APAC) region, with the opening of its 1,012nd hotel. This accomplishment underscores the company's commitment to growth and its dedication to providing exceptional hospitality experiences.

Over the past year, IHG has introduced guests to numerous remarkable properties across APAC. These properties span various renowned brands including Holiday Inn Hotels & Resorts, InterContinental Hotels & Resorts, Regent Hotels & Resorts, Hotel Indigo, Vignette Collection, voco hotels, and Crowne Plaza Hotels & Resorts.

As the demand for hotel accommodations is anticipated to rise in the upcoming year, with promising long-term growth projections, IHG stands poised to cater to travelers' needs in both established and emerging destinations. Surpassing the 1,000 hotels landmark reaffirms IHG's position as the preferred hotel company for both guests and property owners throughout the region.

The company's focus on maintaining its leading position in the Mainstream segment through beloved brands like Holiday Inn and Holiday Inn Express, coupled with investments in Luxury & Lifestyle brands, has significantly contributed to its success. IHG's Luxury & Lifestyle brands now constitute 22% of its global pipeline, with a substantial presence in the APAC region.

Recognizing the potential of conversions, IHG is committed to expanding its brand portfolio in APAC, leveraging opportunities presented by emerging markets and demand for unique hospitality experiences. Garner, IHG's new midscale conversion brand, is set to debut in Osaka, Japan, with promising prospects for further expansion across the region.

With the APAC region poised for rapid growth in passenger traffic, IHG is well-positioned to capitalize on emerging opportunities. The company's expanding pipeline, comprising 705 hotels across 13 brands in 22 countries, supported by its IHG One Rewards loyalty program, ensures a compelling value proposition for travelers.

Leisure travelers are presented with opportunities to explore upcoming destinations such as Halong Bay, Nagasaki, Penang, Lifou, Hubei, and Taichung, catering to diverse preferences and occasions. Similarly, the resurgence of business travel bookings, including group meetings and conferences, further underscores the region's economic significance.

Rajit Sukumaran, Senior Vice President & Managing Director for East Asia & Pacific (EAPAC) at IHG Hotels & Resorts, expressed optimism about IHG's future in APAC, citing strong performance metrics and an encouraging construction pipeline. With over 5,700 projects underway across the region, including over 1,200 slated for completion this year, IHG anticipates continued growth and success in delivering memorable experiences to travelers across APAC over the next decade.