IHG Posts H1 RevPAR Gains Due to ‘Favorable Macro Backdrop’
4 Articles
4 Articles
The British hotel group IHG reported a 10% increase in profits in the first semester, supported by increasing demand for travel and experiences, especially from the middle class, as well as the World Football Championship. Good results in the United States, Europe and Asia-Pacific have offset the negative effects of the Middle East conflict, reports CNBC.
IHG reports 4.1% RevPAR growth in first half
InterContinental Hotels Group PLC (IHG), for the six months ended June 30, reported global RevPAR increased 4.1% compared to the same period of 2025, while operating profit from reportable segments rose 10% to $665 million. First-half highlights include: Global RevPAR increased 4.1%, with Americas RevPAR up 4.8%, EMEAA up 3% and Greater China up 3.1%. Revenue from reportable segments increased 7% to $1.255 billion, while fee business revenue in…
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