InterContinental Hotels Group H2 exceeded 2019 levels for both RevPAR and profitability
InterContinental Hotels Group H2 exceeded 2019 levels for both RevPAR and profitability
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InterContinental Hotels Group H2 exceeded 2019 levels for both RevPAR and profitability
In 2022 we saw demand return strongly in most of our markets, pushing Group RevPAR back close to 2019 levels and fee margin ahead. It’s particularly pleasing that in the second half of the year we exceeded 2019 levels for both RevPAR and profitability. Looking to 2023, while there are economic uncertainties, we expect continued strong leisure demand in many markets, alongside further return of business and group travel and the ongoing reopening of China.
Flat funding of ferries, education not a big hit, but governor’s appaent willingness to negotiate is.
InterContinental Hotels Group appoints Michael Glover as Chief Financial Officer
InterContinental Hotels Group ("IHG") [LON:IHG, NYSE:IHG (ADRs)] today announces the appointment of Michael Glover as Chief Financial Officer. Michael will take up his new position and become an Executive Director of IHG's Board and a member of IHG's Executive Committee with effect from 20 March 2023.