Who Owns Crowne Plaza Hotels & Resorts?
Crowne Plaza is owned by IHG (InterContinental Hotels Group), a publicly traded British hospitality company. With over 400 properties across 67 countries and 140 in development, Crowne Plaza is undergoing a global brand revitalization focused on blended travel experiences. Currently 70% of Americas properties and 60% of properties in Europe, Middle East, Asia and Africa will have been renovated by the end of 2026.
Parent Company
IHG (InterContinental Hotels Group)
Acquired
1998
Status
Private
Headquarters
Denham, United Kingdom
Who Owns Crowne Plaza Hotels & Resorts?
- Parent Company: IHG (InterContinental Hotels Group)
- Ownership Type: Wholly owned
- Acquisition Year: 1998
- Company Type: Publicly Traded
- Stock Ticker: London Stock Exchange: IHG
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Crowne Plaza Hotels & Resorts | IHG (InterContinental Hotels Group) | Wholly owned |
History of Crowne Plaza Hotels & Resorts
- Founded: 1983
- Founders: Holiday Corporation
- Acquired by IHG (InterContinental Hotels Group): 1998
Crowne Plaza was founded in 1983 by Holiday Corporation as a premium hotel brand focused on business travelers and meeting facilities. The brand pioneered the concept of business-class hotels, introducing dedicated spaces and services for corporate travelers when most hotel brands offered limited differentiation between business and leisure accommodations.
Throughout the 1980s and 1990s, Crowne Plaza expanded rapidly across North America and internationally, establishing itself as a leading business hotel chain. The brand developed its reputation for meeting facilities, business services, and operational excellence while growing its presence in key global business centers.
In 1998, IHG acquired Crowne Plaza as part of its acquisition of Holiday Corporation, providing the brand with substantial financial resources and global distribution capabilities. The acquisition enabled Crowne Plaza to accelerate its global expansion while maintaining its business-focused positioning and service standards.
During the 2000s and 2010s, Crowne Plaza continued its growth, adding properties in major business centers, convention destinations, and urban locations worldwide, reaching the milestone of 400 properties by 2020. The brand maintained its focus on business travelers and meeting facilities while gradually evolving its service concept.
In 2021, responding to shifting travel patterns accelerated by the global pandemic, Crowne Plaza launched a comprehensive brand refresh, introducing a new visual identity and enhanced guest-facing programs. This refresh reimagined the brand's positioning to address the emerging trend of blended travel – the integration of business and leisure purposes within a single trip.
By 2025, Crowne Plaza had established itself as a thought leader in the blended travel space, commissioning research on changing traveler behaviors and implementing new design concepts across its portfolio. The brand's evolution from purely business-focused to accommodating blended travel needs reflects its adaptability to changing market demands while preserving its premium positioning within IHG's brand architecture.
About IHG (InterContinental Hotels Group)
IHG operates as a hospitality company with multiple revenue streams:
- **Hotel Management:** Hotel management services for owned and franchised properties
- **Franchise Operations:** Franchise fees and royalties from franchised hotels
- **Owned Properties:** Revenue from owned and operated hotels
- **Loyalty Program:** IHG Rewards Club loyalty program revenue
- **Ancillary Services:** Food service, spa services, and other hospitality experiences
- **Brand Licensing:** Brand licensing for hotel developments
The company serves business and leisure travelers across all market segments, providing accommodation and hospitality experiences at its properties worldwide while maintaining a strong focus on service quality and operational excellence.
- Founded: 1777
- Headquarters: Denham, United Kingdom
- Company Type: Publicly Traded
- Stock: London Stock Exchange: IHG
Where Is Crowne Plaza Hotels & Resorts Made / Based?
- Headquarters: Denham, United Kingdom
- Manufacturing / Operations: Global hotel locations
Brands Owned by IHG (InterContinental Hotels Group)
- Holiday Inn - Mid-range hotel brand owned by IHG (InterContinental Hotels Group), operating ov...
- InterContinental Hotels & Resorts - Luxury hotel brand owned by IHG (InterContinental Hotels Group), operating over ...
Crowne Plaza Hotels & Resorts Ownership: Pros & Cons
Advantages
- +Strong backing from IHG with global resources
- +Business-focused reputation and premium accommodations
- +Global brand recognition and business traveler loyalty
- +Extensive portfolio of business properties worldwide
- +Access to IHG's loyalty program and distribution systems
- +Independence from traditional hotel chain bureaucracy
Considerations
- -Dependence on IHG strategy and priorities
- -Competition from other business hotel chains and boutique hotels
- -High operational costs in premium business segment
- -Vulnerability to global economic conditions and business travel disruptions
- -Complex operational integration with IHG systems
Frequently Asked Questions About Crowne Plaza Hotels & Resorts
Competitors to Crowne Plaza Hotels & Resorts
No direct competitors found in the same category. This could be because Crowne Plaza Hotels & Resortsoperates in a unique market segment or we're still building our competitor database.
IHG (InterContinental Hotels Group) Stock Information
Jobs at IHG (InterContinental Hotels Group)
Latest News About Crowne Plaza Hotels & Resorts
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