InterContinental Hotels Group
might be home to one of the best-known names in luxury, but the company clearly thinks it is not enough.
Last week in its full-year results announcement, IHG made a commitment to expand the luxury side of its business by establishing a new unit and most intriguingly by stating it wanted to buy one or two new brands.
At the moment, InterContinental Hotels & Resorts is out on its own, unless you want to include Kimpton
(nice try IHG), so it could do with some high-end company.
IHG isn't in the market for a big deal, which sort of rules out something like Shangri-La Hotels and Resorts
, and ideally is looking for something small and asset-light to incubate.
We're not exactly sure what brands IHG has in mind, but if any of you do, please get in touch.