InterContinental New York Times Square Tops Off

NEW YORK, June 1 /PRNewswire/ --

    - Brand Investment in New York Area Continues Despite Difficult Economic
Times



    
    WHAT:     InterContinental Hotels & Resorts has officially topped-off the
              InterContinental New York Times Square hotel. Premiering summer
              of 2010, the Gensler-designed InterContinental New York Times
              Square will rise 35 stories above Eighth Avenue. The hotel will
              have over 600 rooms and suites that offer 360-degree panoramic
              views of Times Square and the Hudson River, with vistas
              stretching uptown to Central Park and downtown to the World
              Trade Center site.

              InterContinental New York Times Square will be the first luxury
              hotel built in the Times Square-neighbourhood. Keeping
              sustainability in mind, the Jeffrey Bears-designed interiors
              will feature recycled material including gouged and carved
              reclaimed wood. Additionally, 13-foot-tall lobby columns echo
              the texture of tree bark in metal. Natural stones and caramel
              millwork set a neutral backdrop for vibrant pops of color,
              introduced in wall coverings and textiles throughout the hotel.

              "We are extremely excited to reach this milestone as we 
              continue on pace to open next summer," said Jenifer Zeigler, 
              Senior Vice President, Global Brand Management, 
              InterContinental Hotels & Resorts. "This is indicative of the 
              tremendous growth experienced by the brand in the U.S., Canada 
              and Mexico over the last few years. The progress of this new 
              luxury property, despite uncertain economic times, demonstrates 
              InterContinental's commitment to long term needs of the luxury 
              hotel market."

              Hotel facts and figures:

              -- 35 story glass tower rising out of a six-story granite 
                 podium
              -- Total space of 450,000 gross square feet
              -- Over 11,000 square feet of meeting space, including a
                 4,000 square feet ballroom and ten additional meeting rooms
              -- Over 600 guestrooms averaging 350 square feet in size, each
                 with oversized bathrooms, ergonomic workspace, wall mounted
                 42-inch flat panel televisions, large windows, all designed
                 with a residential feel in mind
              -- Signature restaurant.

    WHERE:    InterContinental New York Times Square
              300 West 44th Street
              New York, New York 10036

    CONTACT:  Charles Yap
              InterContinental Hotels & Resorts
              [phone]
              [e-mail]

              Andrew Bard
              Weber Shandwick
              [phone]
              [e-mail]


MISC:

About InterContinental Hotels & Resorts

    InterContinental Hotels & Resorts has 158 hotels globally and 39 in Asia
Pacific, located in more than 60 countries with local insight that comes from
over 60 years of experience. At InterContinental we believe that superior,
understated service and outstanding facilities are important, but what makes
us truly different, is the genuine interest we show in our guests. Our desire
is to help guests make the most of their time. We connect our well-travelled
guests to what's special about a destination, by sharing our knowledge so
they enjoy authentic experiences that will enrich their lives and broaden
their outlook. For more information, visit http://www.intercontinental.com/
and http://www.intercontinentalvideo.com/.



About IHG

    InterContinental Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)] is the
world's largest hotel group by number of rooms. IHG owns, manages, leases or
franchises, through various subsidiaries, over 4,200 hotels and more than
620,000 guest rooms in nearly 100 countries and territories around the world.
The Group owns a portfolio of well recognised and respected hotel brands
including InterContinental(R) Hotels & Resorts, Hotel Indigo(R), Crowne
Plaza(R) Hotels & Resorts, Holiday Inn(R) Hotels and Resorts, Holiday Inn
Express(R), Staybridge Suites(R) and Candlewood Suites(R), and also manages
the world's largest hotel loyalty programme, Priority Club(R) Rewards with 43
million members worldwide.



    IHG has nearly 1,700 hotels in its development pipeline, which will
create around 140,000 jobs worldwide over the next few years.



    InterContinental Hotels Group PLC is the Group's holding company and is
incorporated in Great Britain and registered in England and Wales.



    IHG offers information and online reservations for all its hotel brands
at www.ihg.com and information for the Priority Club Rewards programme at
www.priorityclub.com. For the latest news from IHG, visit our online Press
Office at www.ihg.com/media