InterContinental to boost China unit

InterContinental to boost China unit

SHANGHAI: InterContinental Hotels Group, the world's second
largest hotel operator, plans to increase its presence in China
two-fold over the next three years, the Shanghai Daily reported
Friday.

The newspaper quoted David Travers, general manager of the
InterContinental Pudong Shanghai, as saying that the company
wants to expand its portfolio on the mainland in the next three
years to 80 hotels from the current 41.

InterContinental owns several brands including
InterContinental, Crowne Plaza and Holiday Inn.

Travers said the company will open two new Intercontinental
hotels in Shanghai in the next two years and also open its first
Holiday Inn in Hohhot, the capital city of Inner Mongolia.

"We see great potential in the country's mid-level market,"
Travers said. "That is why we will devote so much effort to
establish Holiday Inn hotels in China's secondary cities in the
near future." -- AFP