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Holiday Inn owner IHG has reported 3% growth in its annual room revenue

Holiday Inn owner IHG's room revenue beats expectations

Holiday Inn owner IHG is returning more than $1.1 billion to shareholders in 2025 and buying European urban hotel brand Ruby for $116m, it said today, after annual room revenue beat expectations.

Business • 18 Feb

IHG owns the Holiday Inn, Crowne Plaza, Regent and Hualuxe hotel chains

IHG to return $1bn to shareholders after stellar 2023

Holiday Inn owner IHG said today it expected to return more than $1 billion to shareholders in 2024, after posting better-than-expected annual room revenue and adjusted operating profit that exceeded $1 billion for the first time.

Business • 20 Feb 24

IHG's global revenue per available room was up 10.5% in the third quarter compared with last year

IHG reports 10.5% rise in quarterly room revenue

IHG said today it expected to close out 2023 with "very strong" financials as the Holiday Inn-owner reported a rise in quarterly revenue per room on strong summer travel demand and a recovery in China to pre-pandemic levels.

Business • 20 Oct 23

Holiday Inn owner IHG reported a 33% jump in first-quarter revenue per available room (RevPAR)

Holiday Inn-owner IHG's CEO Barr to step down

Holiday Inn owner IHG said today that its chief executive CEO Keith Barr would step down on June 30 and the company's Americas CEO Elie Maalouf would succeed him.

Business • 05 May 23

Holiday Inn owner IHG has reported strong occupancy demand during Christmas and higher room prices

Holiday Inn-owner IHG profit rises on strong demand

Holiday Inn owner IHG missed full-year revenue expectations as it was impacted by Covid curbs in China, while a $750m share buyback did little to cushion a drop in its share price today.

Business • 21 Feb 23

IHG said its operating profit for the six-month period ended June 30 rose to $361m, compared with $138m the same time last year

IHG sweetens shareholder returns on travel rebound

Holiday Inn owner IHG has today announced a share buyback programme of $500m and resumed the payment of an interim dividend, after its half-year profit more than doubled on the back of a steady recovery in post-pandemic travel.

Business • 09 Aug 22

IHG said its RevPAR - revenue per available room - reached 82% of pre-pandemic levels in the three months to the end of March

Holiday Inn owner's room revenue surges on demand

Holiday Inn owner IHG has today signalled a sharp rebound in the hospitality sector as people gradually resume travel after countries eased pandemic-related restrictions, with the US, its largest market, leading the recovery.

Business • 06 May 22

Holiday Inn-owner IHG's annual profits have beaten market expectations

Holiday inn-owner IHG resumes dividend

Holiday Inn-owner IHG has resumed paying a dividend today after reporting an annual profit that beat market expectations due to strong demand for staycations and resort stays in the US.

Business • 22 Feb 22

Hotel owner IHG seeing a return of business travel

IHG said it was seeing encouraging signs of recovery in business and international travel, with strong corporate bookings in the US as the Holiday Inn owner's room revenue inches closer to pre-pandemic levels.

Business • 22 Oct 21

Holiday Inn owner IHG said it had taken decisive action across the business that would save $150m in costs

Holiday Inn owner says business is worst ever

Holiday Inn owner IHG said today that demand for hotels was currently at the lowest levels it had ever seen.

Business • 20 Mar 20

IHG