InterContinental China-branded hotel to open by 2013 | reuters.com

InterContinental Hotels Plc (IHG.L), the world's top hotelier, expects to open a new brand of hotels specially developed for the Chinese market in 2012 or 2013, an executive said on Monday. IHG announced its intentions to launch a hotel brand for the booming Chinese travel market earlier in the year, in line with moves made by other foreign multinational companies such as Hermes International (HRMS.