Video: IHG CEO Richard Solomons says Asia Still Has Great Growth Potential

Richard Solomons, CEO, Intercontinental Hotels Group expresses confidence about his firm's growth prospects in Asia. He cites the rise of domestic travel as a major catalyst for growth.Richard Solomons. Intercontinental Hotels Group  has a total of 70 hotels in operation and 150 hotels in pipeline. Solomons also comments on vertical price-fixing accusations and growth of bookings made through mobile channels.

About IHG®

IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.

With a family of 17 hotel brands and IHG Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,000 open hotels in more than 100 countries, and a further 1,800 in the development pipeline.

InterContinental Hotels Group PLC is the Group's holding company and is incorporated and registered in England and Wales. Approximately 350,000 people work across IHG's hotels and corporate offices globally.

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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.