Miami, Fla- InterContinental Hotels Group (IHG) continues the expansion of its Holiday Inn brand in Latin America with the opening of a 105-room 11-story Holiday Inn Express in Puerto Montt, Chile.

Situated directly on the ocean in the heart of the city's shopping district, Mall Paseo Costanera, the Holiday Inn Express Puerto Montt, is the 29th hotel opening for the Holiday Inn brand in Latin America. It is also the seventh Holiday Inn Express property to open under a franchise agreement with Talbot S.A.

Puerto Montt, known for its rich natural beauty, has a population of over 110,000 that is mostly Chilean but have ancestry that came from Germany or Spain. Their influence can be seen through the city's beautiful architecture and exotic cuisine. Visitors of Puerto Montt can enjoy several artisans' fairs throughout the year as well as the stunning National Parks, such as Vicente Perez Rosales National Park with its unforgettable Cruce de Lagos (Lakes Crossing), and Alerce Andino National Park with its ancient larches. Puerto Montt is also renowned as a starting point for numerous cruises.

"Our mid-market portfolio continues to grow exponentially in Latin America because we have been successful at establishing solid long-term relationships with our owners," says Alvaro Diago, area president, Latin America, InterContinental Hotels Group. "In addition to Talbot S.A.'s Holiday Inn Express Puerto Madero in Buenos Aires, Argentina, and the Holiday Inn Express properties in Chile: Iquique, Concepcion, Antofagasta, Santiago and Temuco, we are very honored to open the Holiday Inn Express Puerto Montt with them as well. I take great pride in saying that we look forward to opening more hotels with them throughout the region."

"As owners of seven Holiday Inn Express properties in Chile and Argentina, we have been extremely pleased with the performance of the brand and our relationship with IHG," said Eduardo Ariztia, managing director, Talbot Hotels, Chile. "We are always on the look-out for joint opportunities with IHG."