IHG: Holiday Inn owner reports room revenue growth Business Holiday Inn owner IHG’s revenue per available room was positive over the last quarter, despite concerns over its performance. In a third quarter trading update, Intercontinental Hotels Group reported global RevPAR, a key metric for the hotel industry, of 1.5 per cent. RevPAR in the UK grew by 2.2 per cent over the quarter, above [...]
IHG: Revenue up at Holiday Inn owner despite China slowdown Retail Intercontinental Hotels Group (IHG), which owns the likes of the Holiday Inn chain, saw its revenue rise during the first half of 2024 thanks to a strong performance in Europe, the Middle East and Africa.
Roomzzz: Aparthotel chain boasts boosted turnover after opening its first Scottish site HOSPITALITY Serviced apartment chain Roomzzz has nudged its turnover up following the opening of its first Scottish location, according to newly-filed documents.
IHG: Holiday Inn owner posts rise in revenue driven by growth in Europe and Asia May 3, 2024 Holiday Inn owner InterContinental Hotels Group (IHG) has reported an increase in revenue as the tailwinds that turbocharged its profits last year roll over into 2024.