IHG teams up with Poly Real Estate

Posted: Mon 30 May, 2011 9:27 AM

IHG teams up with Poly Real Estate

The InterContinental Hotels Group (IHG) partnered up with Poly Real Estate, one of China’s state-owned real estate companies, for a strategic cooperation and three-brand, six-hotel management contract deal.


The strategic cooperation deal will add a total of 1,773 hotel rooms to IHG’s properties in China. The new six hotels are located in Guangdong and Jiangxi provinces and will consist of three InterContinental hotels, two Crowne Plaza hotels and one Holiday Inn hotel. Song Guangju, chairwoman of Board of Directors, Poly Real Estate, (Group) Co Ltd, was quoted in AsiaTravelTips.com as having said that they are glad to have joined with IHG to develop hotels in China’s emerging markets. Guangju added that they have great confidence in IHG’s competitive advantages, and values their brands and management expertise to consistently deliver the best service.


IHG is the first and only international hotel group to manage Poly Real Estate’s hotels.


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