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by Lisa A. Grimaldi | October 25, 2012

InterContinental Hotels Group has reached a development agreement for its new Even Hotels brand for a property in New York City. The 230-room hotel, to be located on East 44th Street between Second and Third avenues, will open in late 2014. The property will have meeting space, along with indoor and outdoor exercise and eating areas. IHG expects to have 100 Even Hotels either operating or under development in the U.S. within the next five years.