Skip to main content
Advertisement

Articles tagged IHG Results


IHG Results

IHG Reports Q1 2021 Results

Improvement in demand within the first quarter, led by the Americas and Greater China. - Group RevPAR down 50.6% vs 2019 (down 33.7% vs 2020); continued industry outperformance in key markets. - RevPAR reflects a 23%pts reduction in occupancy, with rate sustained at ~80% of 2019 levels.


IHG Results

IHG Reports Preliminary Results for the Year to 31 December 2020

Operating profit from reportable segments down 75% to $219m before System Fund result of $(102)m and operating exceptionals of $(270)m, predominantly comprising charges already taken in H1 2020, including impairments to owned and leased hotels and acquired management agreements.