InterContinental Confident of Hitting Goal

InterContinental Hotels Group says that with 108,500 rooms across more than 880 hotels in its global pipeline, it is optimistic that it will hit its target of adding 50,000 to 60,000 rooms by the end of 2008. The company's portfolio comprises Intercontinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Hotel Indigo, Holiday Inn Hotels & Resorts, Holiday Inn Express, Staybridge Suites and Candlewood Suites.