Industry Update
Press Release24 September 2014

IHG® signs InterContinental® Lisbon and Crowne Plaza® Porto

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InterContinental Hotels Group (IHG)

InterContinental Hotels Group (IHG®), one of the world's largest hotel companies, has announced the signing of two flagship hotels in Portugal: InterContinental® Lisbon and Crowne Plaza® Porto. Both properties will operate under management agreements between Hotelgal SA, a subsidiary of Global Hotels & Resorts, and IHG.

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InterContinental Lisbon will open in just a few weeks' time and will undergo a phased refurbishment of the lobby and public areas. The property was built in 1984 as Le Meridien Hotel, before becoming the Tiara Park Atlantic Lisbon Hotel in 2008. Featuring 237 deluxe rooms, 78 executive rooms, 16 Suites, a fitness studio, 18 meeting rooms, delegate space and a spacious restaurant and bar, the hotel is set to become an icon of luxury in Lisbon's city centre.

Occupying a prime location in the sophisticated residential area of Park Edouardo VII, InterContinental Lisbon is situated between the historic city centre and the financial district. The hotel is just a five minute walk to Lisbon's major tourist sites and Avenida Liberdade's high street boutiques and quality restaurants. Less than a 15 minute drive to Lisbon's International Airport and within walking distance to major public transport links, the hotel is ideal for guests seeking a central yet serene location.

Meanwhile, the Park Atlantic Hotel Porto will also undergo a refurbishment and emerge as Crowne Plaza Porto this autumn. The hotel offers 161 deluxe rooms, 29 executive rooms and 42 suites, 11 meeting rooms and all-day dining restaurant.

Located in Porto's business district on Avenida da Boavista, the hotel is just a 15 minute drive from the airport and a short walk away from Casa Da Música, Porto's landmark cultural centre featuring a variety of exhibitions and shows. The hotel's proximity to Porto's commercial area will also appeal to business travellers frequenting the city.

Robert Shepherd, Chief Development Officer, Europe, IHG said: "Lisbon is one of the most visited tourist destinations in Southern Europe and the signing of InterContinental Lisbon overlooking the city of Lisbon and Park Edouardo VII is a significant development for the brand in this region. Equally, Crowne Plaza Porto will be a meetings destination in its own right and well placed to provide quality accommodation and meeting support to business travellers and companies in the area."

Urs Gassmann, Chief Executive Officer of Global Hotels & Resorts said: "We're very much looking forward to working alongside IHG with two of the most successful hotel brands in the industry to further increase the appeal of these properties. Both brands are perfect fits for their respective locations and we are looking forward to opening the doors of InterContinental Lisbon and Crowne Plaza Porto as soon as possible."

There are currently 30 InterContinental Hotels & Resorts and 82 Crowne Plaza Hotels & Resorts in Europe*.

Related Brands

InterContinental

InterContinental Hotels & Resorts has 180 hotels located in more than 60 countries with local insight that comes from over 65 years of experience. As a brand, we believe that superior, understated service and outstanding facilities are important, but what makes us truly different is the genuine interest we show in our guests.
brand information

Crowne Plaza

Part of the IHG global portfolio, the Crowne Plaza® Hotels & Resorts brand is a dynamic upscale hotel brand located in nearly 65 countries around the world in major urban centres, gateway cities and resort destinations.
brand information
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Atwell Suites™
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Holiday Inn Club Vacations®
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About IHG

IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®, Holiday Inn Resort®, avid™ hotels, Staybridge Suites® and Candlewood Suites®.

IHG franchises, leases, manages or owns more than 5,300 hotels and nearly 800,000 guest rooms in almost 100 countries, with nearly 1,700 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.

InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales. More than 375,000 people work across IHG's hotels and corporate offices globally.

Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: www.ihgplc.com/media and follow us on social media at: www.twitter.com/ihg, www.facebook.com/ihg and www.youtube.com/ihgplc.

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