• IHG Hotels & Resorts was selected with Centinel Public Partnerships as the Department of the Air Force’s commercial partners to own, develop, and manage on-base lodging across U.S. Air Force installations under a 50-year agreement.
• Centinel will own the assets and lead development, construction, and asset management; IHG will serve as hotel operator and manager.
• The transition is expected to occur in phases, starting with 23 installations across the U.S. and its territories.
• Agreement finalization and the operational transfer are anticipated to be completed by fall 2027.
• The partners already operate a separate military lodging portfolio under the Privatization of Army Lodging program, covering more than 70 hotels with more than 12,000 rooms across 40 installations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IHG - Intercontinental Hotels Group plc published the original content used to generate this news brief via PR Newswire (Ref. ID: CL62371) on May 19, 2026, and is solely responsible for the information contained therein.