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.
May 03, 2024
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