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Article: IHG Signs Two New Holiday Inn Properties in Central America.
- Article from:
- Business Wire
- Article date:
- June 24, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New Hotels Represent the First Two of Seven Planned Properties with Hotel Division of AGRISAL, S.A.
MIAMI -- Furthering its reach into Central America, IHG (InterContinental Hotels Group), (LSE:IHG) (NYSE:IHG) (ADRs), the world's largest hotel group by number of rooms, announced plans to develop two new Holiday Inn hotels in Central America, the first two of seven agreed-upon properties that will be built in the region through a development agreement with the Hotel Division of San Salvador-based Grupo AGRISAL.
The first two properties to be developed include a six-story full-service Holiday Inn in San Jose, Costa Rica and a 13-story Holiday Inn Express ...