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Operator
Ladies and gentlemen, welcome to the IHG First Quarter Trading Update to the 31st of March 2021. My name is Nadia, and I ll be coordinating this call. [Operator Instructions] I will now hand over to your host, Stuart Ford, VP of Investor Relations of IHG to begin. So Stuart, please go ahead.
Stuart Ford
Vice President, Head of Investor Relations
Thank you, Nadia, and good morning, everyone, and welcome to IHG s conference call for the first quarter of 2021 trading update. I m Stuart Ford, Head of Investor Relations at IHG, and I m joined this morning by Paul Edgecliffe-Johnson, our Chief Financial Officer and Group Head of Strategy. Just to remind listeners on the call that in the discussions today, the company may make certain forward-looking statements as defined under U.S. law. ....

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