IHG: Holiday Inn owner posts rise in revenue driven by growth in Europe and Asia Hospitality 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.
IHG: Holiday Inn owner unveils another buyback as revenue and profit jumps Hotels Total revenue at the British chain, which owns a number of affordable and high end hotel, also leaped £3.6bn.
Holiday Inn owner IHG reports revenues up almost a quarter as full recovery expected by 2025 Holiday Inn Holiday Inn owner InterContinental Hotels Group (IHG) reported a 23 per cent rise in revenues during its half year results, as the chain was bolstered by a “healthy” demand for travel. The British hotel group also said operating profit rose 27 per cent to $479m (£375m) up from $377m (£295m) in the same period last [...]
Holiday Inn chief steps down as group sees bookings hike despite ‘economic tailwinds’ May 5, 2023 The chief of Holiday Inn owner International Continental Hotels (IHG) is to step down from the helm after nearly six years. Keith Barr, group chief executive officer of the global hotel chain will be succeeded by Elie Maalouf, who currently heads up its American operations. Barr has worked within the brand for almost 14 years, [...]