
InterContinental Hotels Group just announced the relaunch of its 2,000th hotel, the Holiday Inn Express Edinburgh-Waterfront, in Scotland. Holiday Inn is undergoing the biggest relaunch in the hospitality industry with a $1 billion investment across more than 3,200 hotels and 430,000 rooms worldwide. First announced in October 2007, the relaunch is committed to improving quality and driving consistency at all Holiday Inn and Holiday Inn Express hotels around the world, from Austin to Atlanta and Rome to Rio. In addition, there are currently 900 hotels in the Holiday Inn global development pipeline. New openings combined with the removal of lower quality hotels will mean that 40% of the Holiday Inn estate will be less than 10 years old by the end of 2010. Andy Cosslett, IHG’s chief executive said, “Reaching 2,000 relaunched Holiday Inn hotels is a huge milestone. We’re two thirds of the way through the biggest relaunch in our industry’s history, and on track to complete the program by the end of the year”.
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