IHG published 1.3% RevPAR growth lfl in Q3 after +1.5% in Q1 and +2% in Q2. The Americas (which accounted for 58% of sales in 2015) continued with the trend with 1.9% RevPAR growth penalised by IHG’s exposure to oil markets. In this context, the group continues to invest in its Loyalty Programme (“Your Rate”) and in its network with 19,000 rooms added to its pipeline (230,000 rooms, 14% share of the global industry pipeline).
26 Oct 2016
Still a slow-growing RevPAR
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Still a slow-growing RevPAR
InterContinental Hotels Group PLC (IHG:LON) | 8,256 0 0.0% | Mkt Cap: 13,559m
- Published:
26 Oct 2016 -
Author:
Bérénice Lacroix -
Pages:
2
IHG published 1.3% RevPAR growth lfl in Q3 after +1.5% in Q1 and +2% in Q2. The Americas (which accounted for 58% of sales in 2015) continued with the trend with 1.9% RevPAR growth penalised by IHG’s exposure to oil markets. In this context, the group continues to invest in its Loyalty Programme (“Your Rate”) and in its network with 19,000 rooms added to its pipeline (230,000 rooms, 14% share of the global industry pipeline).