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Intercontinental to launch China hotel brand by year end

InterContinental Hotels Group PLC, the world's largest hotel opera­tor by number of rooms, said it is planning to launch an upper mid-scale hotel brand in China, one of its fastest-growing emerging markets, by the end of the year. The brand, as yet unnamed, will be positioned between the group's current upscale hotel chain Crowne Plaza and its luxury brand InterContinental, Chief Executive Andrew Cosslett explained.

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