The History of Intercontinental Hotels Group

According to the statistics of 2004 published by Hotel magazine in July 2005, Intercontinental Group (UK) has 3,540 hotels and 534,202 rooms in more than 65,438+000 countries. In 2003, the ranking was 1, with 3,520 hotels and 5,369 rooms18 rooms. British Intercontinental Hotels Group (London Stock Exchange: IHG, new york Stock Exchange: IHG(ADRs)) owns several Hotel brands, including Intercontinental Hotel (R), Crowne Plaza Hotel (R), Holiday Express Hotel (R), Staybridge Suites(R), Candlewood Suites(R) and Hotel. Franchising accounts for about 88.9%, entrusted management accounts for about 6%, and management with capital and others account for 5. 1%. The group also manages Club Preference (R), the world's largest hotel loyalty program, which has more than 25 million members worldwide. In addition, the group also owns a 47.5% controlling stake in Britvic, the second largest soft drink manufacturer in the UK. IHG ranks first among international hotel companies in the number of hotels in the Asia-Pacific region. In China, they are entrusted with management, with little investment.

1946, intercontinental was established.

1952, Holiday Inn was established.

198 1 year, Metropolis merged with InterContinental Hotels Group.

1984, entering China.

1989, British Bass Company Limited (Bass) acquired Holiday Group (1989) and Intercontinental Group (1998).

On September 24th, 2002, Liuzhou announced that it would spend less than $350 million to renovate the Intercontinental Hotel and acquire a new hotel in China.

In 2003, InterContinental Hotels Group (formerly Liuzhou) acquired Candlewood Suite in the United States.

In 2004, the simplified Chinese website was first launched, and the customer reward plan in the website can be used in 100 countries and regions. Intercontinental has been preparing for this event for one year, and invested 350,000 US dollars in personnel training and marketing alone. According to the statistics of Intercontinental Group, the proportion of customers who booked online was only 2% to 3% three years ago, and now it has risen to 8%. The growth of 5% has become a new bright spot for the growth of intercontinental tourists.

In February, 2005, the China headquarters of InterContinental Hotels Group began to move from Beijing to Lujiazui.

On April 18, Crowne Plaza Pudong Shanghai opened, which was fully invested by Shanghai Waigaoqiao Free Trade Zone Development Co., Ltd. and has 398 rooms and suites.

On April 28th, the headquarters of Intercontinental China was moved to Shanghai. According to its Asia-Pacific managing director, A. Patrick Baldelli, the Intercontinental Hotel, which currently has 48 hotels in China, will add 30 hotels in the next two to three years, and introduce Express Holiday into Shanghai within two years, which will develop rapidly at a rate of more than four.

On April 30th, Guangdong Seaview Enterprise Group signed a contract with Intercontinental Hotel. Crowne Plaza Guangzhou Tianhe, the first private platinum five-star hotel approved by the National Tourism Administration, opened with a total investment of over 800 million RMB, and it is planned to open at the end of 2007.

On May 1 day, Intercontinental Beijing Financial Street opened.

In May 2005, Intercontinental Group held a celebration party to celebrate the 20th anniversary of its entry into the China market, and signed hotel management contracts with nine owners.

In June 2005, Intercontinental Beijing Financial Street Hotel was the third luxury hotel opened by Intercontinental Group in China, which also increased the number of hotels in China to 48, and signed hotel management contracts with more than 50 hotel owners.

On June 1 1, Crowne Plaza Ningbo Pacific started construction, which was jointly invested by Hong Kong Lee Tae International Co., Ltd., Hong Kong Pinhao Development Co., Ltd. and Hong Kong Midland Investment Co., Ltd., with a total investment of about 70 million US dollars. This is a five-star hotel with 500 rooms, managed by Intercontinental Hotel.

From June 5 to July 2005, eight new hotels officially opened, adding more than 2,500 rooms. Including 1 Intercontinental Hotel, 3 Crown Plaza, 3 Holiday Inn and 1 Holiday Inn Express. Of these eight hotels, five have settled in China.

On August 2nd, Intercontinental revealed that by the end of 2006, the number of hotels of Intercontinental Group in China will double again, exceeding 65,438+000. This is the first time that the Group has carried out a large-scale expansion plan after it entered China for 265,438+0 years. From June 5438+0 to July 2005, the Group officially opened 8 new hotels, including 1 Intercontinental Hotel, 3 Crowne Plaza Hotels, 3 Holiday Hotels and 1 Holiday Inn Express. Of these eight hotels, five have settled in China. Intercontinental Beijing Financial Street Hotel opened in June 2005, which is the third luxury hotel opened by Intercontinental Group in China. At the same time, it has increased the number of hotels in China to 48 and signed hotel management contracts with more than 50 hotel owners.

On August 2nd, Crowne Plaza China (14), managed by Intercontinental, was renamed Gong Li International Hotel in Changping District, and officially left the management of Intercontinental Group in July. Since the opening of the hotel for two years, the operating conditions have not met the expectations of the owners, and it is difficult for the hotel to bear the management fee of 3%-5% of the annual turnover.

On August 9th, Intercontinental signed a contract with Jiangyin Shen Da Group to build a five-star Crowne Plaza Hotel in Jiangyin, with an investment of 550 million yuan and 330 rooms. This will be the first time that the five-star standard "Crowne Plaza" brand has settled in a county-level city in China.

On August 17, Intercontinental withdrew from the construction of Intercontinental Hotel in Beijing Fortune Center. In April 2002, Intercontinental Hotel signed an agreement with Beijing Fortune Center, the largest real estate project in CBD at that time, to establish Intercontinental Hotel Beijing Fortune Center. Xiangjiang International Development Co., Ltd., the project developer of Intercontinental Hotel in Fortune Center, still hopes that the Fortune Center will be managed by Intercontinental.

On September 1 1, Intercontinental sought development opportunities for Holiday Inn Express Shanghai. At present, there are 47 hotels managed by Intercontinental in China, among which there is only one Zhongzhou Express Holiday in Zhengzhou (opened in 2004), and among the 28 hotels to be opened in the future, only two hotels are located in Hong Kong (opened in June 5438 +2005 10) and An. The price of "quick vacation" in the Mainland will be between 300 yuan and 400 yuan, and it will reach HK$ 600 per night in Hong Kong. Holiday Inn Express is the flagship store in China, with 269 rooms. Express holiday brands are mainly concentrated in Europe, with more than 1000 brands worldwide.

In mid-September, Intercontinental reached a preliminary agreement with Xiaoshan Zhongan Real Estate, and Zhongan-hang lung plaza will become a resort hotel.

In 2005, 9 hotel chains will be built in Shanghai, Beijing, Macau and western cities, and the number of hotels in China will reach 54.

In 2006, it is planned to expand to 80 hotels, and the new hotels will be all over Beijing, Shanghai, Changshu, Chongqing, Guangzhou, Shenzhen, Tianjin and Xi 'an.

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