15 hours ago Just four per cent of properties operated by IHG Hotels & Resorts remained closed in the first quarter, as the hotel giant continued to battle back from the Covid-19 pandemic. Occupancy at the more than 5,000 hotels which are open, however, stood at 40 per cent. IHG said group RevPAR was down by half when compared to the pre-Covid-19 first quarter of 2019. Keith Barr, chief executive of IHG Hotels & Resorts, said: “Trading continued to improve during the first quarter of 2021, with IHG maintaining its outperformance of the industry in key markets and seeing strong performance in openings and signings as we expand our brands around the world.