IHG® Launches Holiday Inn Express® Brand In Paraguay

New hotel will further expand IHG’s presence in Latin America

InterContinental Hotels Group (IHG), one of the world's leading global hotel companies, announces the signing of the Holiday Inn Express® Asuncion Aviadores hotel, the first Holiday Inn Express® hotel in Paraguay. The new-build 120-room hotel will be centrally located in Paraguay's capital city of Asuncion, and joins IHG's Crowne Plaza® Asuncion hotel, already open in Paraguay.

MIAMI -- InterContinental Hotels Group (IHG), one of the world's leading global hotel companies, announces the signing of the Holiday Inn Express® Asuncion Aviadores hotel, the first Holiday Inn Express® hotel in Paraguay. The new-build 120-room hotel will be centrally located in Paraguay's capital city of Asuncion, and joins IHG's Crowne Plaza® Asuncion hotel, already open in Paraguay.

Jorge Apaez, Chief Operating Officer, Mexico, Latin America and Caribbean, IHG said: "IHG is pleased to introduce the Holiday Inn Express brand to Paraguay with the signing of this new property in Asuncion. Paraguay is one of the fastest-growing economies in Latin America, making this the ideal time to grow the IHG portfolio in the country."

Expected to be open by the end of 2018, the hotel will be in close proximity to the World Trade Center Asuncion, Shopping del Sol and Paseo La Galeria. The hotel will also be only 15 minutes from the Silvio Pettrossi International Airport.

The hotel will be located in the Aviadores area of Asuncion which is home to a number of international embassies and businesses and is emerging as the up-and-coming commercial and entertainment district of the capital city. Asuncion is the largest and oldest city in the country and is home to Paraguay's stock exchange, Bolsa de Valores y Productos de Asuncion (BVPASA), as well as several cultural and entertainment venues.

At the Holiday Inn Express® in Asuncion, guests will be able to enjoy amenities including an outdoor swimming pool, 24-hour fitness center, complimentary high-speed Internet access, meeting rooms and complimentary parking. The hotel will also offer the brand's complimentary Express Start™ breakfast bar, which features a full range of breakfast items, including regional and local dishes, a rotation of egg and meat selections, breads, yogurt, juices, fruit, pastries, cereals and coffee.

The Holiday Inn Express brand is the smart choice for value-conscious travelers seeking a hotel that will help them rest and go while staying productive. The more than 2,400 Holiday Inn Express hotels worldwide provide a great night's sleep and the uncomplicated yet personal service travelers expect from the brand all at a competitive price.

The hotel will be owned and managed by Ventura Inversiones S.A.. The Holiday Inn Express brand is part of IHG's diverse family of brands in nearly 100 countries and territories. The scale and diversity of the IHG family of brands means that its hotels can meet guests' needs whatever the occasion – whether a quick getaway, a business trip, a family celebration or a once-in-a-lifetime experience.

The Holiday Inn Express brand participates in IHG® Rewards Club. The industry's first and largest hotel rewards program is free, and guests can enroll atIHGRewardsClub.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. The hotel will participate in IHG Green Engage® and offer unique programs to ensure sustainability. Reservations can be made by calling 1-800-HOLIDAY or by going toIHG.com/HolidayInnExpress.

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

Ada Hatzios

IHG [email protected] +1(770) 604-8564

Development Development Central & South America Paraguay Asuncion

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.

With over 1,200 hotels worldwide, the Holiday Inn® brand is the most widely recognized lodging brand in the world. In fact, the Holiday Inn brand was one of the first international hotel brands to establish a presence in China in 1984. The Holiday Inn brand provides the services that business travelers need, while also offering a comfortable atmosphere where all people can relax and enjoy amenities such as restaurants and room service,...