Holiday Inn revamp boosts IHG

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first_img Tags: NULL Share John Dunne whatsapp whatsapp InterContinental Hotel Group, the world’s top hotelier, said revenue per available room in the Americas region was boosted by the ongoing relaunch of its Holiday Inn hotels and the return of business travellers.InterContinental, whose brands include namesake hotels along with the Crowne Plaza and Holiday Inn, said revenue per available room (RevPAR), a key industry metric, rose by 7.9 per cent at its 557 relaunched Holiday Inn hotels, strongly outperforming those which have been not yet been relaunched.The hotelier, which typically manages or franchises hotels instead of owning them and earns 70 percent of its profit in the United States is heavily reliant on its mid-market Holiday Inn chain.Revenue per available room in the overall Americas region was up 6.7 per cent in the third quarter, as business travellers continued to return in greater numbers, the group said.InterContinental will announce its full third quarter results on 9 November. center_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Holiday Inn revamp boosts IHG Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute Monday 25 October 2010 3:47 amlast_img read more

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