• InterContinental signs agreement with Espacios Urbanos

InterContinental Hotel Group has signed an agreement with Colombia-based Espacios Urbanos to manage a new-build property in Cartagena, Colombia.

The group said it has nearly 190 hotels in Mexico, Central and South America and the Caribbean. It plans to develop 1,300 hotels in the next few years, creating 160,000 jobs worldwide.

See the press release here: http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100615006781&newsLang=en

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