Holiday Inn owner IHG’s room revenue surges on travel recovery -Breaking
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© Reuters. FILE PHOTO : InterContinental Hotels Group’s ticker symbol (and company logo) are displayed on a monitor on the New York Stock Exchange floor in New York. January 22, 2019, U.S. REUTERS/Brendan McDermid
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© Reuters. FILE PHOTO : InterContinental Hotels Group’s ticker symbol (and company logo) are displayed on a monitor on the New York Stock Exchange floor in New York. January 22, 2019, U.S. REUTERS/Brendan McDermid2/2
(Reuters] – Intercontinental Hotels Group (NYSE 🙂 Friday announced a dramatic recovery in hospitality as travelers slowly return to leisure and business travel, following the lifting of pandemic-related restrictions.
The RevPAR of Holiday Inn owners, which is revenue per room available, increased 61% in the three-months ended March 31st, as the group experienced improved trading in the Americas and EMEAA areas.
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