InterContinental Hotels Group plc, informally InterContinental Hotels or IHG, is a British multinational hotels company headquartered in Denham, Buckinghamshire. IHG has nearly 800,000 guest rooms and more than 5,300 hotels across nearly 100 countries. 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. 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. IHG also manages IHG® Rewards Club, its global loyalty programme. As of 2012, of IHG's more than 5,300 hotels, 4,433 operated under franchise agreements, 907 were managed by the company but separately owned, and eight were directly owned.