Richard Solomons
IHG to Launch New Midscale Brand
The hospitality chain aims to address an underserved group of 14 million potential guests who are hungry for a high-quality yet competitively priced experience. Development costs are estimated at $85 to $90 per key.
IHG Names New CEO
Upon joining the company in 2000, Keith Barr has held numerous positions across the Americas, Asia, Middle East and Africa, and Greater China regions.