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2024-10-22 09:25:39
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Yahoo! News - by layer3.news on Nostr: Summary of Holiday Inn owner IHG's room revenue grows 1.5% on firm European summer ...

Summary of Holiday Inn owner IHG's room revenue grows 1.5% on firm European summer demand
https://media.zenfs.com/en/reuters.com/fa67afdad03820ff34d2ce7434d18708


The source article:
Holiday Inn owner IHG's room revenue grows 1.5% on firm European summer demand
https://media.zenfs.com/en/reuters.com/fa67afdad03820ff34d2ce7434d18708



https://finance.yahoo.com/news/holiday-inn-owner-ihgs-third-061153571.html

InterContinental Hotels Group, the owner of Holiday Inn, reported a 1.5% growth in room revenue for the third quarter, driven by strong summer demand in Europe. The company's revenue per available room (RevPAR) growth was driven by a 4.9% increase in the Europe, the Middle East, Africa and Asia (EMEAA) region. However, RevPAR in China was down 10.3% due to a lack of strong recovery in domestic travel.
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