InterContinental New York Times Square Tops Off

NEW YORK - Brand Investment in New York Area Continues Despite Difficult Economic Times

WHAT: InterContinental Hotels & Resorts has officially topped-off the InterContinental New York Times Square hotel. Premiering summer of 2010, the Gensler-designed InterContinental New York Times Square will rise 35 stories above Eighth Avenue. The hotel will have over 600 rooms and suites that offer 360-degree panoramic views of Times Square and the Hudson River, with vistas stretching uptown to Central Park and downtown to the World Trade Center site. InterContinental New York Times Square will be the first luxury hotel built in the Times Square-neighbourhood. Keeping sustainability in mind, the Jeffrey Bears-designed interiors will feature recycled material including gouged and carved reclaimed wood. Additionally, 13-foot-tall lobby columns echo the texture of tree bark in metal. Natural stones and caramel millwork set a neutral backdrop for vibrant pops of color, introduced in wall coverings and textiles throughout the hotel. “We are extremely excited to reach this milestone as we continue on pace to open next summer,” said Jenifer Zeigler, Senior Vice President, Global Brand Management, InterContinental Hotels & Resorts. “This is indicative of the tremendous growth experienced by the brand in the U.S., Canada and Mexico over the last few years. The progress of this new luxury property, despite uncertain economic times, demonstrates InterContinental’s commitment to long term needs of the luxury hotel market.” Hotel facts and figures: — 35 story glass tower rising out of a six-story granite podium — Total space of 450,000 gross square feet — Over 11,000 square feet of meeting space, including a 4,000 square feet ballroom and ten additional meeting rooms — Over 600 guestrooms averaging 350 square feet in size, each with oversized bathrooms, ergonomic workspace, wall mounted 42-inch flat panel televisions, large windows, all designed with a residential feel in mind — Signature restaurant. WHERE: InterContinental New York Times Square 300 West 44th Street New York, New York 10036 CONTACT: Charles Yap InterContinental Hotels & Resorts +44-(0)-7808-098-698 charles.yap@ihg.com Andrew Bard Weber Shandwick +1-212-445-8368 Abard@webershandwick.com

MISC:

About InterContinental Hotels & Resorts

InterContinental Hotels & Resorts has 158 hotels globally and 39 in Asia Pacific, located in more than 60 countries with local insight that comes from over 60 years of experience. At InterContinental we believe that superior, understated service and outstanding facilities are important, but what makes us truly different, is the genuine interest we show in our guests. Our desire is to help guests make the most of their time. We connect our well-travelled guests to what’s special about a destination, by sharing our knowledge so they enjoy authentic experiences that will enrich their lives and broaden their outlook. For more information, visit www.intercontinental.com/ and www.intercontinentalvideo.com/.

About IHG

InterContinental Hotels Group (IHG) [LON:IHG, NYSE:IHG (ADRs)] is the world’s largest hotel group by number of rooms. IHG owns, manages, leases or franchises, through various subsidiaries, over 4,200 hotels and more than 620,000 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(R) Hotels & Resorts, Hotel Indigo(R), Crowne Plaza(R) Hotels & Resorts, Holiday Inn(R) Hotels and Resorts, Holiday Inn Express(R), Staybridge Suites(R) and Candlewood Suites(R), and also manages the world’s largest hotel loyalty programme, Priority Club(R) Rewards with 43 million members worldwide.

IHG has nearly 1,700 hotels in its development pipeline, which will create around 140,000 jobs worldwide over the next few years.

InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales.

IHG offers information and online reservations for all its hotel brands at www.ihg.com and information for the Priority Club Rewards programme at www.priorityclub.com. For the latest news from IHG, visit our online Press Office at www.ihg.com/media

Source: InterContinental Hotels & Resorts; IHG

Charles Yap, InterContinental Hotels & Resorts, +44-(0)7808-098-698, charles.yap at ihg.com; or Andrew Bard, Weber Shandwick, +1-212-445-8368, Abard at webershandwick.com