Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
IHG reports 1.5% global Q3 RevPAR increase, driven by Europe & Asia, despite 10.3% China decline due to weather and timing. CEO Elie Maalouf remains optimistic.
Intercontinental Hotel Group (IHG), owner of Holiday Inn, reported a 1.5% increase in global revenues per available room (RevPAR) for Q3 2024, driven by strong demand in Europe and Asia.
However, Greater China experienced a 10.3% decline due to adverse weather and holiday timing.
CEO Elie Maalouf expressed optimism about meeting market expectations for the year.
IHG opened 98 new hotels, reflecting ongoing expansion efforts.
16 Articles
IHG reporta un aumento global del 1,5% Q3 RevPAR, impulsado por Europa y Asia, a pesar del 10,3% de descenso de China debido al clima y el tiempo. El CEO Elie Maalouf sigue siendo optimista.