InterContinental Hotels will almost double the hotels it manages in Greater China over the next two years and hopes the business environment will be even better as the mainland's legal landscape improves.

The InterContinental Hotels Group, which operates 66 InterContinental, Crowne Plaza and Holiday Inn hotels in Greater China, reckons lax intellectual property rules and outdated franchise laws are slowing growth.

"It's a big headache," Edmond Ip, IHP's greater China chief operating officer, told Reuters on Wednesday. "There are hundreds of Holiday Inns out there. I can't count there are too many. They are everywhere."

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