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Intercontinental Hotels Group has opened its 5,000th hotel globally.
The opening of the 293-room Hotel Indigo Lower East Side New York, takes IHG’s system size to 5,000 hotels in almost 100 countries.
The hotel is a joint venture between IHG and Brack Capital Real Estate (BCRE) and is IHG’s third for the Hotel Indigo brand in New York City.
It is located in Manhattan and IHG said it “reinforces” its leadership position in the boutique segment - the “fastest growing in the hotel industry”.
IHG, CEO, Richard Solomons, said: “Reaching 5,000 open hotels with the addition of the Hotel Indigo Lower East Side New York is an incredible milestone for IHG.
“It is testament to our well-established, long-term strategy for high-quality growth, and the strength of our brands, which focus on distinct segments to cater to a broad range of guest needs and occasions.
“Over time we have built a leading portfolio of hotel brands and scale where it matters most. Alongside our network of owner relationships and powerful digital platforms, these remain the key drivers behind our consistently strong performance.
“The recent landmark openings that make up our ‘5,000 Club’ also demonstrate the momentum behind our brand portfolio and our ability to increase our presence in the world’s most important growth markets,” he added.
In November, IHG opened a Hotel Indigo in London's Aldgate.
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