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Holiday Inn Express is an American-based mid-priced hotel chain within the IHG Hotels & Resorts family of brands. Originally founded as an "express" hotel, their focus is on offering limited services at a reasonable price. Standard amenities lean toward the convenient and practical which cater to business travelers and short-term stays.
In 2012, IHG claimed more than 5,400 hotels, with 4,433 operated under franchise agreements, 907 managed by the company but separately owned and eight directly owned. [40] As of 31 March 2019, IHG has 842,759 guest rooms and 5,656 hotels across nearly 100 countries. [41] IHG Hotels & Resorts has a loyalty program.
In June 2017, IHG Hotels & Resorts announced the launch of its 13th brand, a new midscale hotel brand. The name, avid hotels, was announced 3 months later in September 2017. [ 1 ] Avid Hotels' logo was the first of the group to carry IHG's master brand mark ("An IHG Hotel"). [ 2 ]
Regent Hotels & Resorts is a British-American luxury hospitality brand, founded by hotelier Robert H. Burns in 1970. After passing through different owners since foundation, it is currently jointly owned by IHG Hotels & Resorts and Formosa International Hotels Corporation since July 2018, with hotels and resorts in Asia and Europe.
On December 16, 2014, IHG announced that it would acquire Kimpton for $430 million in cash. IHG retained the Kimpton brand name within the U.S. and is expanding it globally. [ 9 ] [ 10 ] As a result of the acquisition, seven of Kimpton's nine hotels in San Francisco left the brand in July 2015.
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