IHG’s quarterly RevPAR change was slightly weaker than consensus but still outperformed the industry. Pent-up demands were seen at the end of Q1 and continued into Q2, hoping to narrow the RevPAR drop.
07 May 2021
Weaker-than-expected Q1 RevPAR, improvement expected for Q2
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Weaker-than-expected Q1 RevPAR, improvement expected for Q2
InterContinental Hotels Group PLC (IHG:LON) | 7,812 -1718.6 (-0.3%) | Mkt Cap: 12,745m
- Published:
07 May 2021 -
Author:
Yi Zhong -
Pages:
3
IHG’s quarterly RevPAR change was slightly weaker than consensus but still outperformed the industry. Pent-up demands were seen at the end of Q1 and continued into Q2, hoping to narrow the RevPAR drop.