IHG and Alkoer to Develop Two Staybridge Suites® Hotels in Guanajuato, Mexico

Upscale extended stay brand continues expansion with new destinations in Mexico

InterContinental Hotels Group (IHG), one of the world's leading hotel companies, and Mexican-based Alkoer announce a joint venture to develop two Staybridge Suites® hotels in the cities of Irapuato and Silao, both in the state of Guanajuato.

MEXICO, D.F. -- InterContinental Hotels Group (IHG), one of the world's leading hotel companies, and Mexican-based Alkoer announce a joint venture to develop two Staybridge Suites® hotels in the cities of Irapuato and Silao, both in the state of Guanajuato.

The Staybridge Suites Irapuato hotel will be located eight miles north of downtown Irapuato along Federal Highway 45 and in close proximity to the Marabis Plaza, home to retail and food and beverage outlets. The Staybridge Suites Silao hotel will be situated in the Guanajuato Inland Port, the main business park in the Bajio region, and next to the Del Bajio International Airport. Both nine-story hotels are slated to open in late 2017.

Germán Ongay, RVP Franchise Sales & Development Mexico, IHG said: We are extremely pleased to continue to grow the Staybridge Suites brand in Mexico. The brand is designed to create a warm and social environment for travelers who are away from home for weeks or months at a time and we will be able to provide home-like accommodations and amenities for those visiting both Irapuato and Silao."

The Staybridge Suites brand is designed for business and leisure travelers who are spending an extended time away from home for business, relocation or leisure. Both 120-room properties in Irapuato and Silao will each feature a mix of 84 studios, 24 one-bedroom suites and 12 two-bedroom suites and will provide guests with amenities such as a complimentary, daily American-style hot breakfast buffet and The Social – the Staybridge Suites brand's complimentary evening reception. These properties will have on-site guest laundry facilities, 24-hour fitness and business centers, home theater, an outdoor swimming pool and outdoor living room with barbecue and fire pit.

The hotels are part of a joint venture between Alkoer and IHG and will be managed by an affiliate of IHG. In Mexico, Staybridge Suites hotels are located in Chihuahua,Guadalajara, Monterrey, Puebla, Queretaro, and San Luis Potosí. The Staybridge Suites brand participates in IHG's hotel rewards program, IHG® Rewards Club. The industry's first and largest hotel rewards program is free to join by enrolling atwww.IHGRewardsClub.com, by downloading the IHG® App, by calling 1-888-211-9874 or by inquiring at the front desk of any of IHG's more than 5,000 hotels worldwide. Guests can also book a green hotel stay at any of our IHG Green Engage enrolled hotels.

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.

Visit us online for more about our hotels and reservations and IHG Rewards. For our latest news, visit our Newsroom and follow us on LinkedIn, Facebook and Twitter.

Media Contact

Neil Hirsch

IHG [email protected] +1 770 604 5775

Development Development Central & South America Mexico Guanajuato

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.

Staybridge Suites® is an innovative, all-suite hotel brand designed to meet the needs of extended stay guests seeking a warm sense of community in a home-like environment that is perfect for business, relocation and vacations. The Staybridge Suites brand continues to grow rapidly with 245 hotels open across the Americas, Europe and the Middle East. For more information about the Staybridge Suites brand visit www.StaybridgeSuites.com.