Mgmt Contract For 15 Hotels

InterContinental Hotels Group PLC
19 September 2003

19 September 2003




                       InterContinental Hotels Group PLC-
             Agreement with Hospitality Properties Trust to Convert
               14 Summerfield Suites to Staybridge Suites Hotels


InterContinental Hotels Group (IHG), owner of the Staybridge Suites brand, today
announces an agreement with Hospitality Properties Trust (HPT) to manage 15 of
HPT properties, 14 of which will be converted from Summerfield Suites by Wyndham
to Staybridge Suites hotels.  IHG has entered into a management agreement on
these hotels with HPT for a period of 20 years with options to extend.  The
transaction immediately boosts the distribution of the Staybridge Suites brand
by 25%, increasing the number of open properties from 57 to 71 and extending the
brand into more key locations throughout Americas including Northern and
Southern California, Central and Northern New Jersey and Florida.

This transaction, which follows the announcement in July 2003 of HPT's purchase
of 16 Staybridge Suites from IHG, means that HPT will own 30 Staybridge Suites
properties. As part of this agreement, HPT has agreed to invest up to $20m
towards the refurbishment of the hotels.

Commenting on the transaction Richard North, Chief Executive, InterContinental
Hotels Group said:

"Extending the network of our high-quality, strongly differentiated brands is a
top priority for InterContinental Hotels Group.  HPT's commitment to and
investment in Staybridge Suites hotels along with the significant success and
growth of the brand demonstrates our ability to do just that."



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For further information, please contact:



Karen Whitworth, Investor Relations                  020 7409 8231
Dee Cayhill, Corporate Affairs                       020 7409 8101


Note to Editors

Staybridge Suites is IHG's organically developed upscale extended stay brand
offering self-catering services and amenities designed specifically for those on
extended travel. Following the transaction with HPT there are 71 Staybridge
Suites hotels, all of which are located in the Americas, representing
approximately 1% of IHG's total rooms.  These properties are now split 4 owned
and leased, 32 managed and 35 franchised.

The transaction involves IHG entering into an agreement with HPT to convert 14
Summerfield suites into Staybridge Suites hotels.

The transaction has features typical of HPT transactions: an owners priority
return of $16million per year through 2005 and $20m per year thereafter, plus
percentage participations in operating revenues in excess of negotiated amounts;
retention of a security deposit equal to $20 million ($10million at closing and
a further $10million over the first two years); 5% of gross revenues at the
hotels will be escrowed for capital expenditures; and payment of the owners
priority return to HPT is guaranteed by IHG until the financial results from
IHG's operations of these hotels reaches negotiated levels. IHG's management
contract for these hotels has an initial term expiring in 2023 and IHG has two
renewal options for 12.5 years thereafter. HPT has committed to investing $20m
towards the refurbishment and modernisation of the hotels.

InterContinental Hotels Group PLC of the United Kingdom (LON:IHG, NYSE:IHG
(ADRs)), owns, manages, leases or franchises, through various subsidiaries, more
than 3,300 hotels and 515,000 guest rooms in nearly 100 countries and
territories around the world (www.ichotelsgroup.com). The Group owns a portfolio
of well recognised and respected hotel brands including InterContinental Hotels
& Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn, Express by Holiday Inn
and Staybridge Suites, and also has a controlling interest in Britvic, the
second largest soft drinks manufacturer in the UK.

InterContinental Hotels Group offers information and reservations capability on
the Internet - www.intercontinental.com for InterContinental Hotels & Resorts,
www.crowneplaza.com for Crowne Plaza Hotels & Resorts, www.holiday-inn.com for
Holiday Inn hotels, www.hiexpress.com for Express by Holiday Inn hotels,
www.staybridge.com for Staybridge Suites by Holiday Inn hotels and, for the
Group's rewards programme, www.priorityclub.com

For the latest news from InterContinental Hotels Group, visit our online Press
Office at www.pressoffice.ihgplc.com.

Hospitality Properties Trust is a real estate investment trust headquartered in
Newton, Massachusetts, USA, which owns 274 hotels located throughout the United
States.




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