InterContinental Hotels Group is planning a new hotel to be part of Atlanta's ambitious 1400 Peachtree project. The hotel is expected to be a big component in the project's proposed Midtown Mile, which developers hope will eventually rival Chicago's North Michigan Avenue. "This is a chance for a high-end hotel group to take its brand even higher," said the Shailendra Group official who is overseeing the development. "This is a big step because InterContinental is already a major player in the market."
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