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InterContinental Hotels Group Announces Grand Opening of the 780-Room Holiday Inn Parque Anhembi in Sao Paulo Brazil.


Business Editors/Travel Writers

MIAMI--(BUSINESS WIRE)--March 29, 2004

Second Largest Holiday Inn in the Hemisphere and 24th Holiday Inn

Property in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies.  Opens Doors

InterContinental Hotels Group InterContinental Hotels Group (IHG) (LSE: IHG NYSE: IHG) is a multinational company which operates several hotel brands. The largest hotel company by number of rooms (556,000 as of March 2007 [1]), its headquarters are in Windsor just outside Greater London and  (IHG IHG Intercontinental Hotels Group
IHG Iris Hypoplasia with Glaucoma
), the world's most global hotel company, today announced the grand opening of the 780-room Holiday Inn Parque Anhembi in Sao Paulo, Brazil.

The hotel, the 24th Holiday Inn property for IHG in Latin America, is located in the northern part of Sao Paulo. It is IHG's largest property in Latin America, and the fifth largest Holiday Inn hotel in the world. The property is located directly adjacent to the Anhembi Exhibition Center, Latin America's largest meetings and convention facility.

"The opening of this property is a major component of our expansion strategy in Latin America," says Alvaro Diago, Area President Latin America, InterContinental Hotels Group. "A management agreement of a property of this magnitude is positive on many levels, as it provides a hub from which we will be able to secure additional management or franchise opportunities for our other brands throughout the region."

Dubbed dub 1  
tr.v. dubbed, dub·bing, dubs
1. To tap lightly on the shoulder by way of conferring knighthood.

2. To honor with a new title or description.

3.
 a 'modern wonder,' Parque Anhembi has become one of the world's premiere meeting and convention facilities. A visionary local entrepreneur, Caio Machado, conceptualized a master plan and originally built the facility 30 years ago.

The hotel's developer, Construtora San Jose San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, one of Brazil's most recognized builders, reached back into history by retaining Mr. Machado and his company, Alcantara Machado Ferias de Negocios, Ltd., to manage the new convention center.

The new property, along with a new, state-of-the-art one-million square foot convention center currently under construction, along with a 1,500-space parking garage, are all part of a massive expansion of Parque Anhembi, complementing the existing 581,000 square foot Anhembi Exhibition Center, an existing 3,400-person theater, 15,000 parking spaces and the 60,000 person Sao Paulo Carnival Stadium.

"The epicenter of a major meetings and convention facility needs to be a hotel," continues Diago, "a component that until now has not been a part of Anhembi. The property was the missing link to the future of this massive enterprise."

The full-service Holiday Inn Parque Anhembi includes two restaurants, food court, lobby bar, fitness center with swimming pool, business center, state-of-the-art in-room technology, and a retail sector in the hotel.

"The story of Parque Anhembi is a remarkable one," concludes Diago. "Mr. Machado conceived a dream 30 years ago that has now, through his efforts and the expertise of Construtora Sao Jose, been made into a reality."

About InterContinental Hotels Group

InterContinental Hotels Group PLC of the United Kingdom (LSE LSE - Language Sensitive Editor :IHG) (NYSE NYSE

See: New York Stock Exchange
:IHG)(ADRs), owns, manages, leases or franchises, through various subsidiaries, more than 3,500 hotels and 535,000 guest rooms in nearly 100 countries and territories around the world, http://www.ichotelsgroup.com. The Group owns a portfolio of well recognised and respected hotel brands including InterContinental(R) Hotels & Resorts, 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. (R) Hotels & Resorts, Holiday Inn(R) Hotels and Resorts, Holiday Inn Express(R), Staybridge Suites Staybridge Suites is a brand name applied to hotels within the InterContinental Hotels Group. Staybridge Suites
Staybridge Suites® is an innovative all-suite hotel brand designed to meet the needs of extended-stay guests.
(R), and Candlewood Suites Candlewood Suites is a brand name applied to hotels within the InterContinental Hotels Group. History
The Candlewood Suites chain was started in 1995 by Jack Deboer, founder of the Residence Inn and co-founder of the Summerfield Suites chain.
(R), and also has a controlling interest controlling interest

The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail
 in Britvic, the second largest soft drinks manufacturer in the UK.

InterContinental Hotels Group offers information and reservations capability on the Internet - http://www.intercontinental.com for InterContinental Hotels & Resorts, http://www.crowneplaza.com for Crowne Plaza Hotels & Resorts, http://www.holiday-inn.com for Holiday Inn hotels, http://www.hiexpress.com for Holiday Inn Express hotels, http://www.staybridge.com for Staybridge Suites by Holiday Inn hotels, and http://www.candlewoodsuites.com for Candlewood Suites, and for the Group's rewards programme, http://www.priorityclub.com

For the latest news from InterContinental Hotels Group, visit our online Press Office at http://www.pressoffice.ihgplc.com.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:4EUUK
Date:Mar 29, 2004
Words:611
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