"We're aggressively building our capability to offer our corporate card clients the folio detail they need on lodging expenses to give them extra power to analyze costs and identify new ways to save," said Jay Cary, vice president, Interactive Product Management, Global Commercial Card at American Express. "We're very pleased to offer clients breakdown of lodging spend from IHG."

American Express corporate card customers can get expenditure reports by staying at IHG hotels including InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels and Resorts, Holiday Inn Express, Staybridge Suites, Candlewood Suites and Hotel Indigo.

"We're excited to offer this folio agreement to our corporate travel customers staying at our hotels in order to help them better manage their travel expenses," said Jill Cady, vice president, Worldwide Sales Strategy, IHG. "With such a wide distribution at nearly 2,800 properties in the U.S., many of our corporate customers will benefit from this solution."

The arrangement with IHG adds to the folio agreements that American Express has in place with other top industry hotel chains. American Express' folio agreements now cover about 71 percent of its clients' global commercial card spend in the U.S. American Express collects folio data from nearly 12,000 hotel properties in North America and around the world.

The Power of Hotel Folio Data

Breakdowns of lodging expenditures can help companies evaluate ancillary spending and investigate opportunities to further manage their travel and entertainment costs. Folio data also enables companies to track the use of negotiated room rates as well as improve expense report processing.

American Express' Hotel Folio Reports, which are housed online at its e-servicing site, American Express @ Work, provide critical data on hotel expenditures, broken out from overall lodging charges. The information includes:

- Room charges and applicable taxes - Multiple food and beverage categories, including hotel restaurant and room service charges - Business services, e.g. faxing, computer services, photocopying - Parking and ground transportation

In addition, American Express offers a Room Rate Analysis Report that provides data on actual room rates, as well as average, minimum, maximum, and most frequently booked room rate information for properties and cities. Companies can use the information for supplier and cardmember compliance management.

W.R. Grace Finds New Savings through Hotel Folio

Columbia, Md.-based W.R. Grace & Co., a specialty chemicals and materials company, which spends about $6 million per year on lodging costs, has analyzed its hotel folio reports to find new opportunities at several of its preferred hotels.

"At one hotel where we have thousands of room nights, I saved $10,000 per year by negotiating for free bottled water for our employees," said Lorraine Rostanzo, director, Global Travel Services, W.R. Grace. "And at other hotels we use, I studied my reporting to negotiate 10 percent off meals at on-property restaurants."

Added Rostanzo: "As we get Hotel Folio data that reflects our spending at more hotels, we will be better equipped to look for even greater ways to save and control lodging costs."

About American Express Global Commercial Card

Through its Global Commercial Card group, American Express provides the Corporate Card, Corporate Purchasing Solutions, and other expense management services to mid-sized companies and large corporations worldwide. In the U.S., it is the leading issuer of commercial cards, serving more than 60% of the Fortune 500, as well as tens of thousands of mid-sized companies. American Express issues local-currency commercial cards in 45 countries, and International Dollar Corporate Cards in an additional 100 countries. For more information, visit www.americanexpress.com/corporate.

American Express Company is a leading global payments, network and travel company founded in 1850. For more information, visit http://www.americanexpress.com.

About IHG

InterContinental Hotels Group (IHG) [LON: IHG, NYSE:IHG (ADRs)] is one of the world's largest hotel groups by number of rooms. IHG owns, manages, leases or franchises, through various subsidiaries, almost 4,000 hotels and more than 590,000 guest rooms in nearly 100 countries and territories around the world. The Group owns a portfolio of well recognized and respected hotel brands including InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels and Resorts, Holiday Inn Express, Staybridge Suites, Candlewood Suites and Hotel Indigo, and also manages the world's largest hotel loyalty program, Priority Club Rewards with over 37 million members worldwide.

IHG pioneered the travel industry's first collaborative response to environmental issues as founder of the International Hotels and Environment Initiative (IHEI). The environment and local communities remain at the heart of IHG's global corporate responsibility focus. We're the first major hotel group to have measured our environmental and carbon footprints and we're in the process of setting reduction targets.

With more than 1,600 hotels in its development pipeline, IHG needs to find around 150,000 people over the next few years to meet its global expansion plans.

InterContinental Hotels Group PLC is the group's holding company and is incorporated in Great Britain and registered in England and Wales.

IHG offers information and online reservations for all its hotel brands at www.ihg.com and information for the Priority Club Rewards program at www.priorityclub.com . For the latest news from IHG, visit our online Press Office at www.ihg.com/media

Stephen Boggs/ Senior Manager/ Corporate Communications/ Direct Line: 770.604.5793/ Fax: 770.604.2059/ http://www.ihg.com/ IHG/ InterContinental Hotels Group/ Three Ravinia Drive/ Suite 100/ Atlanta, GA 30346-2149