InterContinental moves ahead with plans for hotels in Asia

10/17/2008 | Wall Street Journal, The

InterContinental Hotels Group is moving ahead with plans to expand in Asia, despite global economic woes. The chain is planning to open a Hotel Indigo, its first boutique hotel in Asia, and six new hotels are planned in China, in Beijing, Shanghai, Fuzhou, Shaoxing and Mudanjiang.

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