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InterContinental Hotels Group
to manage
Holiday Inn Malé


The Capital’s first international hotel set to become a prominent landmark in Maldives

Singapore, Thursday 2nd November 2006 – InterContinental Hotels Group has signed an agreement with Malé Hotel Associates Sourcing Limited, to manage the Holiday Inn Malé in Maldives, scheduled to open in late 2008. 

The new Holiday Inn property is set to become a prominent landmark in Malé, the capital island of the Maldives. With genuine service of a global reputation, Holiday Inn Malé will attract business travellers and holiday maker’s enroute to neighbouring destinations. 

Enjoying an ideal location at the junction of Nasreeny Goalhi and Ameer Ahmed Magu, Holiday Inn Malé is adjacent to The President’s office, several banks and government ministries. 

Jan Smits, chief operating officer, Southern Asia, InterContinental Hotels Group Asia Pacific, enthused: 

"We’re pleased to introduce the award-winning Holiday Inn brand into Malé. It will appeal to frequent travellers who have grown accustomed to the high standards of service, comfort and value, synonymous with Holiday Inn Hotels and Resorts. 

The opening of Holiday Inn Malé presents a strategic opportunity for InterContinental Hotels Group to contribute to the thriving tourism industry in Maldives, generate jobs for locals, and to mark our presence in the Indian Ocean." 

Malé Hotel Associates Sourcing Limited shareholders Mr Abdul Sattar Ali and Mr Lawrence Lee expressed confidence in the InterContinental Hotels Group saying the Holiday Inn Malé will serve as the business and social focal point for Maldivian’s , commercial visitors and guests enroute to the outlying resort islands. 

"Maldives is enjoying robust economic growth and is thriving as a destination due to the unique one island, one resort concept and its white sand beaches, blue lagoons and tropical marine life. 

Tourism accounts for almost 60 percent of the country’s foreign exchange earnings, employs 20 percent of the labour force (91,000 persons) and accounts for the largest share of GDP. 

InterContinental Hotels Group, with its strong management and operating systems, is our strategic partner in realising our dream of turning the Holiday Inn Malé into a prominent landmark for the Maldives." . 

The 120-room hotel will offer meeting facilities, a range of food and beverage outlets, recreational facilities including a rooftop swimming pool as well as a spa and fitness centre. 

The hotel site provides for easy access to tourist landmarks like the National Museum, the Sultan’s Palace (former official residence of The President), the Sultan Park, the Presidential Palace and souvenir shops. 

About InterContinental Hotels Group InterContinental Hotels Group PLC of the United Kingdom [LON:IHG, NYSE:IHG (ADRs)] is the world's largest hotel group by number of rooms. 

InterContinental Hotels Group owns, manages, leases or franchises, through various subsidiaries, over 3,650 hotels and 540,000 guest rooms in nearly 100 countries and territories around the world. The Group owns a portfolio of well recognised and respected hotel brands including InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express®, Staybridge Suites®, Candlewood Suites® and Hotel IndigoTM, and also manages the world's largest hotel loyalty programme, Priority Club® Rewards, with over 28 million members worldwide. 

Asia Pacific is the fastest growing region for InterContinental Hotels Group worldwide. The Group’s portfolio in this region includes 165 hotels and over 46,000 guest rooms under the InterContinental® Hotels & Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, and Express by Holiday Inn® brands. 

InterContinental Hotels Group offers information and online reservations for all its hotel brands at www.ichotelsgroup.com and information for the Priority Club Rewards programme at www.priorityclub.com. 

For the latest news from InterContinental Hotels Group, visit our online Press Office at www.ihgplc.com/media.


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