InterContinental Hotels in 12 New China Brand Deals: China Head | Reuters

According to Melanie Lee 2011, “InterContinental Hotels Group (IHG.L) (IHG) has signed 12 contracts for its new China hotel brand with the first opening of the new brand expected in late 2012 or early 2013, its China head said on Tuesday. IHG also intends to expand the China branded hotel overseas in 2-3 years to cater to Chinese tourists abroad, said Keith Barr, IHG’s chief executive for the Greater China region.” Read more > http://www.reuters.com/article/2011/10/18/us-ihg-china-idUSTRE79H0NL20111018