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Discussion in 'IHG | Rewards Club/Ambassador' started by uggboy, Jun 23, 2014.
Khalaf Al Habtoor buys InterContinental Budapest
Excuse me if I'm a noob, but does that means IHG sold Intercontinental Budapest to Al Habtoor Group and as a result of it, no longer a IHG hotel?
Yes, IC sold the hotel to Al Habtoor Group, and No, this doesn't mean that IC doesn't manage the hotel anymore. Looks like only the ownership changed, but not the manager in our case IC, Al Habtoor owns also the Le Meridien Budapest, but Starwood stayed on as manager after the hotel was sold, I guess the same happened here with the IC, sold, and manager IC stayes on.