IHG’s Portfolio of Extended-Stay Hotels in Houston to Triple; 140,000 New Jobs Worldwide

Franchising.com -- IHG (InterContinental Hotels Group) (IHG) [LON: IHG, NYSE: IHG (ADRs)], the world’s largest hotel group by number of rooms, announced today that Houston can expect another 2,400 guest suites from extended-stay hotel brands Staybridge Suites and Candlewood Suites with 27 new hotels in the development pipeline. The two brands will nearly triple their presence in the largest city in Texas and will bring nearly 400 new jobs to the local economy.