IHG is expanding its footprint, again.
Building on the company's success opening new properties around the globe both this quarter and in 2025 as a whole, IHG will launch "a new collection brand within the large, fast-growing premium segment in the coming months," Elie Maalouf, CEO of IHG Hotels & Resorts, said in the company's third-quarter financial disclosure this week.
As TPG previously reported, a collection brand usually refers to a relatively small group of independent hotels with a local focus, or often a boutique vibe. These conversion properties help companies like IHG (for example, through Vignette, alongside sibling portfolios like Voco and Garner) beef up their room count while helping owners avoid the expensive new builds or significant and costly changes that come with brand standards.
A great solo travel tip spotted this week on The Points Guy Articles.
