trending Market Intelligence /marketintelligence/en/news-insights/trending/SxnikqDuzkRzMlNEr0qClw2 content esgSubNav
In This List

InterContinental Hotels expands in Asia

Blog

Insight Weekly: M&A players predict 2023 activity; SPAC IPOs dip; 2022 capacity retirements up

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share


InterContinental Hotels expands in Asia

InterContinental Hotels Group Plc announced the introduction of several new brands and properties to locations in Asia.

The company's EVEN Hotels brand, which touts wellness as its core principle, signed its first management contracts in China. The four new properties will be in Shanghai, Sanya, Chongqing and Jinan. The Shanghai and Jinan properties are set to be completed by and launched in 2020, respectively, while the Sanya hotel will open in 2019. The Chongqing hotel will open in 2022.

In addition, InterContinental said it signed four properties in Southeast Asia. The agreement will bring the first Kimpton Hotels & Restaurants-branded property to the region, the Kimpton Bali. The other three — InterContinental Sapa Resort, Holiday Inn Resort Sapa and Hotel Indigo Phu Quoc Starbay — will open in Vietnam in 2021.