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IHG’s latest hotel brand puts it neck-and-neck with Marriott for luxury

08/24/2021| 6:46:14 PM| 中文

IHG will likely see some growth from the U.S. and China for the brand, which could grow to more than 100 properties in the next decade.

Unbranded, high-end hotels abound outside the U.S. and China — and IHG leaders want to bring those into a more flexible branding arrangement in the latest move to boost the company’s luxury and lifestyle footprint.

IHG Hotels & Resorts divulged Tuesday its newest brand, the company’s 17th that was first hinted at earlier this month, will be the Vignette Collection. The organic growth move follows the company’s acquisition of luxury brands like Regent in recent years and affirms its position as the world’s second-largest luxury and lifestyle hotel operator behind Marriott.

The Vignette Collection — a soft brand where owners can access IHG’s distribution, sales, and loyalty networks without the rigid design standards that go with something like an InterContinental — also enables the company to comprehensively compete in the sector against the likes of Hilton and Accor, which have both pointed to luxury and lifestyle hotels as leading sources of growth.

Vignette is expected to compete directly with other luxury soft brands like Hilton’s LXR and the Luxury Collection at Marriott as well as more mainstream soft brands like Autograph Collection, Marriott’s premium-billed soft brand of hotels.

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TAGS: Vignette Collection | IHG | luxury brand | Marriott
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