IHG Opens Its 1,000th Hotel in Greater China

On November 9, 2026, InterContinental Hotels Group announced at the China International Import Expo that its 1,000th hotel in Greater China has opened, covering more than 200 cities, with rooms in China accounting for approximately 20% of its global rooms. The same report also mentioned that Lingnan Holdings plans to jointly establish with Guangshang Fund and Guangzhou Consumer Fund a cultural tourism industry equity investment fund with a total scale of 200 million yuan, with the company subscribing 100 million yuan of its own funds, accounting for 50%; Huazhu Group's Asia-Pacific region signed a five-year strategic cooperation agreement with Agoda, targeting the opening of approximately 70 new hotels in Asia-Pacific over the next five years.