This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Holiday Inn(R)Guayaquil Airport Hotel Marks First IHG(R)-branded Hotel In Guayaquil And Second Hotel In Ecuador. (Photo: Business Wire)

Stocks in this article: IHG

InterContinental Hotels Group ( IHG) [LON: IHG, NYSE:IHG (ADRs)], one of the world’s largest hotel companies, today announced the opening of the 122-room Holiday Inn® Hotel Guayaquil Airport in Guayaquil, Ecuador. The seven-story new-build hotel is adjacent to the José Joaquín de Olmedo International Airport, and is the second IHG ®-branded hotel for Ecuador, with the first being the Holiday Inn Express® Quito, located in Ecuador’s capital city of Quito.

Holiday Inn(R)Guayaquil Airport Hotel marks first IHG(R)-branded hotel in Guayaquil and second hotel ...

Holiday Inn(R)Guayaquil Airport Hotel marks first IHG(R)-branded hotel in Guayaquil and second hotel in Ecuador. (Photo: Business Wire)

“The addition of the Holiday Inn Guayaquil Airport hotel is in line with IHG’s strategy to expand our portfolio in all key markets across the region,” said Alvaro Diago, chief operating officer, Latin America and the Caribbean, IHG. “ Guayaquil is an ideal location as it attracts both business and leisure travelers. We are also excited to partner with BPO Asesores Empresariales S.A. on this property and look forward to continuing our relationship with them.” The ownership recently announced plans for the Holiday Inn Quito Airport hotel, scheduled to debut in 2016.

Guayaquil is Ecuador’s main port and economic hub. The city boasts significant regional influence in commercial, financial and cultural activities, is an important center for Ecuador's manufacturing industries and home to key business enterprises. The hotel is also close to the city’s convention center and main business area.

“We are thrilled to have opened a Holiday Inn in such a wonderful city,” said Gerardo Murray, vice president, Marketing Strategic Services for Mexico, Latin America and Caribbean, IHG. “Guayaquil lures both business and leisure travelers alike, and the hotel's proximity to the city’s convention center, downtown, main business area and shopping venues make it ideal."

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs