May 3, 2018 / 6:48 AM / 5 months ago

BRIEF-Intercontinental Hotels Says It Entered Into Deal With FDR To Rebrand, Operate 12 Open Hotels, One Pipeline Hotel Into UK Portfolio

May 3 (Reuters) - Intercontinental Hotels Group Plc:

* IHG ADDS 13 LUXURY AND UPSCALE HOTELS IN UK

* ENTERED DEAL WITH FDR TO REBRAND AND OPERATE 12 HIGH QUALITY OPEN HOTELS AND ONE PIPELINE HOTEL INTO ITS PORTFOLIO ACROSS UK

* AFTER FDR’S ACQUISITION OF HOTEL PROPERTIES, CO WILL OPERATE HOTELS UNDER LONG-TERM “MANAGED LEASES” AS PART OF LUXURY PORTFOLIO Source text for Eikon: Further company coverage:

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