Holiday Inn 2011 Annual Report Download - page 19

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NEW MARKETS FOR HOLIDAY
INN EXPRESS
A joint venture and 20-year
management contract with Delhi-
based Duet India Hotels Group
will create 19 Holiday Inn Express
hotels by 2016.
The deal earmarks $30 million of
our own cash to launch the brand
across India, starting with a first
opening in September 2012.
As well as in India, we’re poised
to launch Holiday Inn Express in
Thailand next year, in Indonesia and
Singapore in 2013, and in Malaysia
in 2014.
2011 was the brand’s 20th
anniversary, and a year of 96 hotel
openings and 145 signings.
more on the web: www.ihgplc.com Great brands 17
OVERVIEW GREAT BRANDS HOW WE OPERATE WHERE WE OPERATE FACTS AND FIGURES
Holiday Inn Express Houston, US