Intercontinental Hotels Group plc (IHG) said it reached a new franchise agreement for the Holiday Inn Express Rosario in Argentina. The 9-story, 175-guestroom hotel would be located at Salta 1950, Rosario, Provincia de Santa Fe, in the commercial district and close to many office buildings and the main port and is scheduled to open in December 2009. The Holiday Inn Express Rosario is owned and would be managed by Organización Panamerica, S.A., under a franchise agreement with a company in the InterContinental Hotels Group.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.