InterContinental Hotels Group plc, informally InterContinental Hotels or IHG, is a British multinational hotels company headquartered in Denham, Buckinghamshire.[2] IHG has nearly 800,000 guest rooms and more than 5,300 hotels across nearly 100 countries.[3] IHG has a broad portfolio of brands, including Candlewood Suites, Crowne Plaza, Even Hotels, Holiday Inn, Holiday Inn Express, Hotel Indigo, Hualuxe, InterContinental, Kimpton Hotels and Resorts and Staybridge Suites.[4] Additionally, in March 2018, IHG announced that it has agreed to buy a 51% majority stake in Regent Hotels for $39 million and hopes to expand the brand's footprints to 40 hotels from the current six hotels.[5] As of 2012, of IHG's more than 5,300 hotels, 4,433 are operated under franchise agreements, 907 were managed by the company but separately owned, and eight were directly owned.