Development Pipeline Scheduled for Q4 2021

InterContinental Bellevue

InterContinental® Hotels and Resorts continues West Coast expansion with debut in Pacific Northwest

InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, today announces the development of a newInterContinental® Hotels & Resorts property in Bellevue, Washington, located in the Seattle metropolitan area. Developed by Bellevue-based Fortress Development, the new-build hotel is expected to open in Q4 2021 and will be part of a luxury, two-tower mixed-use development known as Avenue Bellevue.

InterContinental Bellevue ......

InterContinental

Located at the epicenter of downtown Bellevue on the northwest corner of Bellevue Way and NE 8th Street, the InterContinental Bellevue at The Avenue hotel will feature 252 elegantly appointed guest rooms, and two bars and a restaurant from the team behind Buddakan NYC. Additional property features will include 14,250 square feet of meeting space including a grand ballroom and a junior ballroom, a business center, a full-service spa, and a fitness center.

This will be the first InterContinental hotel in the Pacific Northwest and continues IHG's expansion on the West Coast, following recent hotel openings in downtown Los Angeles and San Diego. The hotel will bring a new wave of sophistication and luxury to Bellevue's thriving downtown neighborhood.

Avenue Bellevue will be a one-of-a-kind project, utilizing the finest luxury materials and refined details from designers assembled from across the globe. The project will include 332 luxury residences and will feature 85,000 square feet of high-end retail, food and nightlife - including the sealife-focused restaurant, Angler, from three-Michelin-star chef Joshua Skenes. Fortress is designing the new project in partnership with Weber Thompson, CollinsWoerman and HBA.

The hotel will occupy the first 11 floors of the 26-story south tower, with 98 luxury "Estate Homes" above it. A second, 25-story west tower will be located across from the hotel and will include the remaining luxury residences.

With its unique location across Lake Washington, picturesque lake and mountain views, and proximity to a world-class airport and multiple business and cultural attractions, Bellevue is an ideal market to host business and leisure travelers from around the globe who are seeking sophisticated, luxury hotel accommodations and a high-end, personalized guest experience.

Construction is anticipated to begin in mid-2019.

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InterContinental Hotels & Resorts is the world’s first and largest luxury hotel brand with over 220 hotels spanning 70 countries and representing over 73,350 bedrooms around the world. Founded by Pan American Airways Founder, Juan Trippe in 1946, InterContinental is guided by the belief in the power of travel to expand the mind and connect cultures.

IHG Hotels & Resorts is a global hospitality company, with a purpose to provide True Hospitality for Good. With a family of 19 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,000 open hotels in over 100 countries, and more than 1,900 in the development pipeline.