IHG (InterContinental Hotels Group) (LSE:IHG) (NYSE:IHG) (ADRs), the
world’s largest hotel company by number of rooms, has combined its Latin
America and Caribbean regions under the leadership of Alvaro Diago, now
Chief Operating Officer (COO), Latin America and Caribbean. Diago was
most recently Area President for Latin America.
In his new role Diago, whose Miami-based team has overseen all
IHG-branded hotels in Central and South America, as well as select
Caribbean destinations, will now have responsibility for all IHG hotels
in the Caribbean, which are located in Jamaica, Aruba, Dominican
Republic, Puerto Rico and Trinidad & Tobago. The 11 properties in the
Caribbean will bring to 75 (by year-end 2009) the total number of hotels
in the region’s portfolio.
Additionally, Diago will now be looking to increase IHG’s presence
throughout the Caribbean, with a particular focus on resort properties,
as well as continue to foster and oversee owning company relationships
for all IHG brands, both managed and franchised.
"Alvaro has done an excellent job of furthering our portfolio throughout
Central and South America,” said Jim Abrahamson, President, Americas for
IHG. "He has a long track record of positive relationships with owning
companies across all of our brands, and we look forward to him and his
team maximizing opportunities for growth throughout the Caribbean as
well.”
The expanded region’s Sales, Marketing and Revenue Management team will
be led by Regional Vice President Carlos Baruki, who will be driving
performance and implementing new strategies to capitalize on IHG’s
enterprise system.
The new region’s Director of Development is Salo Smaletz, who has been
instrumental in furthering IHG’s presence in Central and South America.
IHG has representation in more countries in Latin America than any other
international hotel organization. Smaletz will utilize those skills to
capitalize on the many growth opportunities within the Caribbean.
"Our team is pleased to expand its focus,” adds Diago. "We have been
involved with the Caribbean since IHG was established more than 60 years
ago, so I very much look forward to meeting our stakeholders in the
area, and furthering best-practices that will continue to create an
incomparable guest experience. I also look forward to growing our
portfolio of hotels in this wonderful part of the world.”
IHG has more than 180 hotels in Mexico, Central and South America and
the Caribbean, and has been serving Latin America for over 60 years. IHG
is the world’s largest hotel group by number of rooms, and has hotels
situated in nearly every key market throughout Latin America.
Notes to Editors:
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 4,300
hotels and almost 630,000 guest rooms in nearly 100 countries and
territories around the world.
The Group owns a portfolio of well
recognized and respected hotel brands including InterContinental® Hotels
& Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn®
Hotels and Resorts, Holiday Inn Express®,
Staybridge Suites® and
Candlewood Suites®, and also manages the world's largest hotel loyalty
program, Priority Club® Rewards, with 44 million members worldwide.
IHG has nearly 1,600 hotels in its development pipeline, which will
create 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 program at www.priorityclub.com.
For the latest news from IHG, visit our online Press Office at www.ihg.com/media.
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