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In Q1 2024, InterContinental Hotels Group (IHG) reported a 2.6% global RevPAR increase, with EMEAA up 8.9% and Greater China up 2.
InterContinental Hotels Group (IHG) reported a 2.6% increase in global RevPAR for Q1 2024. Americas saw a -0.3% decline, while EMEAA experienced an 8.9% increase and Greater China saw a 2.5% rise. Average daily rate increased by 2.3%, and occupancy increased by 0.2 percentage points. The company opened 46 new hotels with 6,300 rooms in Q1, and its global system now consists of 946,000 rooms across 6,368 hotels.
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