IHG Signs Crowne Plaza Hotel in Medellin

MIAMI--(BUSINESS WIRE)--InterContinental Hotels Group (IHG)(LSE:IHG) (NYSE:IHG) (ADRs), one of the worlds leading hotel companies, announces the signing of a new-build, 199-room Crowne Plaza hotel in Medellin, Colombia. The Crowne Plaza Hotels & Resorts brand is one of the fastest growing hotel brands in the world, with nearly 400 hotels open across more than 60 countries. The hotel will be located in Medellin's upscale "El Poblado" neighborhood, occupying one of two towers in the Palmanova luxury, mixed-use development and connected to the Palma Real Multiplaza. This will be IHG's third property in Medellin, joining the InterContinental