The weak oil market weighed on the strong US market, deceleration in RevPAR growth In its Q1-16 results, IHG posted a low 1.5% rise in RevPAR at CER (vs +5.9% in Q1-15) in part attributable to the negative impact of weak oil markets and the earlier timing of Easter (in the Americas and Europe notably) in several IHG markets. Prices were up by 1% while occupancy rose modestly (+0.3%). A significant deceleration was seen in the Americas, which recorded a 1.9% rise in RevPAR (occupancy level at

30 May 2016
Deceleration in RevPAR growth
InterContinental Hotels Group PLC (IHG:LON) | 5,274 -2426 (-0.9%) | Mkt Cap: 9,036m
-
-
-
Bérénice Lacroix
-
4 pages
-

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Deceleration in RevPAR growth
InterContinental Hotels Group PLC (IHG:LON) | 5,274 -2426 (-0.9%) | Mkt Cap: 9,036m
- Published:
30 May 2016 -
Author:
Bérénice Lacroix -
Pages:
4 -
The weak oil market weighed on the strong US market, deceleration in RevPAR growth In its Q1-16 results, IHG posted a low 1.5% rise in RevPAR at CER (vs +5.9% in Q1-15) in part attributable to the negative impact of weak oil markets and the earlier timing of Easter (in the Americas and Europe notably) in several IHG markets. Prices were up by 1% while occupancy rose modestly (+0.3%). A significant deceleration was seen in the Americas, which recorded a 1.9% rise in RevPAR (occupancy level at