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Company Watch - InterContinental Hotel Group.


Jul 9, 2007

InterContinental in·ter·con·ti·nen·tal  
adj.
1. Extending or taking place between or among continents: intercontinental exploration; intercontinental cooperation.

2.
 Hotel Group is introducing a unique way to conduct business meetings through its Crowne Plaza This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  brand, which involves communicating through the virtual world of Second Life. Established in 2003, Second Life is a web-based virtual world with its own currency, the Linden Linden, city, United States
Linden, city (1990 pop. 36,701), Union co., NE N.J., in the New York metropolitan area; inc. 1925. During the first half of the 20th cent.
 dollar and almost 8,000,000 'residents'. The currency is transferable to US dollars and members can make very real sums of money through real estate and selling their services, as they would in the real world. Jul 6, 2007

InterContinental Hotel Group has signed a multi-brand management contract for three hotels in Changzhou, a key Eastern China city near Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. . The three new build properties are to be developed by leading Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov.  retail investment and real estate development company, Top Spring Group and form part of an integrated city center commercial complex with 580,000sq m of retail, office, exhibition and entertainment space. First to open with 208 rooms is the Holiday Inn Express City Centre Changzhou next year, followed by a Crowne Plaza and another Holiday Inn Express in 2011, with 288 and 308 rooms respectively. Jul 3, 2007

InterContinental Hotel Group currently operates some 66 hotels throughout China and has more than 70 under development, making it the largest hotel group in the country. The company also launched a franchising agreement program for its Holiday Inn Express brand in April of this year to further its presence in China, with more than 20 management contracts added to its portfolio so far. Jul 3, 2007

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Publication:Airguide Online
Date:Jul 9, 2007
Words:342
Previous Article:Company Watch - Hilton Hotels.
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