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ORLANDO, Fla. (Nov. 7, 2017) - IHG (InterContinental Hotels Group) and international hospitality developer Palm Holdings today announced the opening of the newly renovated 162-room Holiday Inn Express® and Suites, South Lake Buena Vista.

The hotel, located at 5001 Calypso Cay Way in Kissimmee, was formerly the independent Inn at Calypso Cay Hotel Orlando and is located less than five miles from Orlando's world-class theme parks

"Our team has been working incredibly hard transitioning this hotel with the intention to make this the No. 1 Holiday Inn Express® in the world," said President Anil Taneja. "With our amazing team members, extensive amenities and proximity to Disney, we believe we can make this possible."

As part of the transition to the Holiday Inn Express® brand, the hotel has undergone a multi-million dollar renovation. The style was selected specifically to offer guests what they expect from the Holiday Inn Express® brand - fresh, sleek and distinctive accommodations for the smart travel experience.

"We are thrilled to hear about the opening of the newly renovated Holiday Inn Express® and Suites hotel in Kissimmee," said DT Minich, President/CEO of Experience Kissimmee. "Yearly, more than 8 million vacationers stay in our area. This new hotel will attract even more guests to discover all the incredible experiences Kissimmee offers."

Palm Holdings purchased the hotel in late 2015. It is part of the company's 750 rooms under ownership and management in Florida, with 12 properties around the world.

Palm Holdings recently won the InterContinental Hotels Group 2017 Developer of the Year Award for its work on another IHG property, the Holiday Inn Express® and Suites Halifax-Bedford, Canada. It received the Developer of the Year Award for North America for Marriott Hotels in 2015 and is the recipient of numerous other industry awards globally.

For more information on Palm Holdings, visit www.palm-holdings.com

About Palm Holdings

Palm Holdings is an international hospitality and commercial development company specializing in acquiring, improving and managing hotels across North America and the United Kingdom. The family controlled company offers a wide range of business services including Palm Hospitality, an international hotel management and consultancy company; Palm Construction specializing in capital improvements, new developments and retrofits for hotels; as well as Palm Ventures, an equity services firm dedicated to acquiring and holding hospitality related real estate. Palm Holdings is one of the fastest growing hospitality firms with a portfolio spanning across three countries: the United States, Canada and the United Kingdom. The company builds brand equity through franchise models, management contracts, and outsourcing services with leading companies such as Marriott, IHG, Starwood, Choice Hotels, and many others. It is the winner of the Marriott Developer of the Year Award for North America in 2015 and IHG's Developer of the Year Award in 2017. For more details please go to http://www.palm-holdings.com/.

Contact: Paul Sutton

paul@palm-holdings.com / 647-567-4564

Contact: Marie-France Bergeron

marie-france@palm-holdings.com / 647-294-3050

About the Holiday Inn Express® brand

Holiday Inn Express® hotels are modern hotels for value-oriented travelers. Fresh, clean and uncomplicated, Holiday Inn Express hotels offer competitive rates for both business and leisure travelers. Guests Stay Smart® at Holiday Inn Express hotels where they enjoy a free hot Express Start™ breakfast bar with new healthier offerings, free high-speed Internet access and free local phone calls (U.S. and Canada only). There are currently more than 2,375 Holiday Inn Express hotel locations around the globe. For more information about Holiday Inn Express hotels or to book reservations, visit www.ihg.com/hiexpress. Find us on Twitter http://www.twitter.com/hiexpress or Facebook www.Facebook.com/holidayinnexpress.

About IHG

IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organization with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Hotel Indigo®, EVEN™ Hotels, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®. 
 
IHG manages IHG® Rewards Club, the world's first and largest hotel loyalty programme with nearly 86 million members worldwide. The programme was relaunched in July 2013, offering enhanced benefits for members including free internet across all hotels, globally.
 
IHG franchises, leases, manages or owns more than 4,900 hotels and 720,000 guest rooms in nearly 100 countries, with more than 1,200 hotels in its development pipeline. Over 350,000 people work across IHG's hotels and corporate offices worldwide.
 
InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales.
 
Visit www.ihg.com for hotel information.

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