Changes for page InterContinental Hotels Group
Last modified by Asif Farooqui on 2022/07/22 15:14
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... ... @@ -9,7 +9,6 @@ 9 9 * The group has a portfolio of 17 brands in the Suites, Essentials, Premium and Luxury & Lifestyle categories. 10 10 * IHG is an asset-light business and our focus is on growing fee revenues and fee margins, which we can do with limited capital requirements. 11 11 12 - 13 13 [[image:IHG0.png||height="177" width="718"]] 14 14 15 15 ... ... @@ -70,7 +70,6 @@ 70 70 * Global system of 885k rooms (6,028 hotels); 68% across midscale segments, 32% across upscale and luxury 71 71 * Signed 16.6k rooms (120 hotels) in Q1, ~~15% more than 2021 and 2020; global pipeline increased to 278k rooms 72 72 73 - 74 74 **Americas** 75 75 76 76 Q1 RevPAR was down 8% vs 2019 (up 58% vs 2021). US RevPAR was down 6% vs 2019. Across the region, occupancy was close to 60%, down 6%pts on 2019, whilst rate was up 1%. Holiday Inn Express and its Extended Stay brands exceeded 2019 levels of RevPAR. Demand was boosted by a strong Spring Break vacation period, with leisure rooms revenue 10% higher than 2019 for the quarter overall. Leisure demand is expected to remain strong in the coming quarters. Together with growth in corporate bookings and more group activity and events returning, this should support further progress in both occupancy and rate.{{footnote}}https://www.ihgplc.com/en/-/media/ihg/files/results/2022/q1-2022/q1-trading-update-30-march-2022-6-may-2022.pdf?la=en&hash=85FF8013CD0027CDDE035C2D7EC355BE{{/footnote}} ... ... @@ -193,28 +193,26 @@ 193 193 * Atwell Suites 194 194 * Candlewood Suites 195 195 196 - 197 197 (% class="info" %)|(% rowspan="2" %)**Brands**|(% colspan="2" style="text-align:center" %)**Current**|(% colspan="2" style="text-align:center" %)**Pipeline** 198 -(% class="info" %)|**Hotels**|**Rooms**|**Hotels**|**Rooms** 199 -|Six Senses Hotels Resorts Spas|21|1412|33|2424 200 -|Regent Hotels & Resorts|7|2190|8|1938 201 -|InterContinental Hotels & Resorts|207|69917|79|19730 202 -|Vignette™ Collection|2|539|6|884 203 -|Kimpton Hotels & Restaurants|75|13297|38|7723 204 -|Hotel Indigo|133|16717|119|19127 205 -|EVEN Hotels|21|2994|29|4907 206 -|HUALUXE Hotels and Resorts|17|4893|22|5762 207 -|Crowne Plaza Hotels & Resorts|406|111491|107|27856 208 -|voco hotels|35|8523|36|9701 209 -|Holiday Inn Hotels & Resorts|1192|215841|251|49206 210 -|Holiday Inn Express|3034|319407|658|83808 211 -|Holiday Inn Club Vacations|28|8822|0|0 212 -|avid hotels|52|4676|161|13956 213 -|Staybridge Suites|318|34559|158|17284 214 -|Atwell Suites|1|90|22|2181 215 -|Candlewood Suites|361|32024|107|8794 195 +(% class="info" %)|(% style="text-align:right" %)**Hotels**|(% style="text-align:right" %)**Rooms**|(% style="text-align:right" %)**Hotels**|(% style="text-align:right" %)**Rooms** 196 +|Six Senses Hotels Resorts Spas|(% style="text-align:right" %)21|(% style="text-align:right" %)1412|(% style="text-align:right" %)33|(% style="text-align:right" %)2424 197 +|Regent Hotels & Resorts|(% style="text-align:right" %)7|(% style="text-align:right" %)2190|(% style="text-align:right" %)8|(% style="text-align:right" %)1938 198 +|InterContinental Hotels & Resorts|(% style="text-align:right" %)207|(% style="text-align:right" %)69917|(% style="text-align:right" %)79|(% style="text-align:right" %)19730 199 +|Vignette™ Collection|(% style="text-align:right" %)2|(% style="text-align:right" %)539|(% style="text-align:right" %)6|(% style="text-align:right" %)884 200 +|Kimpton Hotels & Restaurants|(% style="text-align:right" %)75|(% style="text-align:right" %)13297|(% style="text-align:right" %)38|(% style="text-align:right" %)7723 201 +|Hotel Indigo|(% style="text-align:right" %)133|(% style="text-align:right" %)16717|(% style="text-align:right" %)119|(% style="text-align:right" %)19127 202 +|EVEN Hotels|(% style="text-align:right" %)21|(% style="text-align:right" %)2994|(% style="text-align:right" %)29|(% style="text-align:right" %)4907 203 +|HUALUXE Hotels and Resorts|(% style="text-align:right" %)17|(% style="text-align:right" %)4893|(% style="text-align:right" %)22|(% style="text-align:right" %)5762 204 +|Crowne Plaza Hotels & Resorts|(% style="text-align:right" %)406|(% style="text-align:right" %)111491|(% style="text-align:right" %)107|(% style="text-align:right" %)27856 205 +|voco hotels|(% style="text-align:right" %)35|(% style="text-align:right" %)8523|(% style="text-align:right" %)36|(% style="text-align:right" %)9701 206 +|Holiday Inn Hotels & Resorts|(% style="text-align:right" %)1192|(% style="text-align:right" %)215841|(% style="text-align:right" %)251|(% style="text-align:right" %)49206 207 +|Holiday Inn Express|(% style="text-align:right" %)3034|(% style="text-align:right" %)319407|(% style="text-align:right" %)658|(% style="text-align:right" %)83808 208 +|Holiday Inn Club Vacations|(% style="text-align:right" %)28|(% style="text-align:right" %)8822|(% style="text-align:right" %)0|(% style="text-align:right" %)0 209 +|avid hotels|(% style="text-align:right" %)52|(% style="text-align:right" %)4676|(% style="text-align:right" %)161|(% style="text-align:right" %)13956 210 +|Staybridge Suites|(% style="text-align:right" %)318|(% style="text-align:right" %)34559|(% style="text-align:right" %)158|(% style="text-align:right" %)17284 211 +|Atwell Suites|(% style="text-align:right" %)1|(% style="text-align:right" %)90|(% style="text-align:right" %)22|(% style="text-align:right" %)2181 212 +|Candlewood Suites|(% style="text-align:right" %)361|(% style="text-align:right" %)32024|(% style="text-align:right" %)107|(% style="text-align:right" %)8794 216 216 217 - 218 218 = Industry Overview = 219 219 220 220 The $360 billion hotel industry has compelling structural growth drivers, underpinned by factors including consumers’ inherent desire to travel, population growth, and an expanding middle class in emerging markets with increasing disposable incomes. While the pandemic suppressed demand during 2020 and 2021, demand has returned rapidly in domestic markets as government restrictions have lifted and vaccination rates increased. This demand has predominantly been in markets not exposed to cross-border trips and across essential business travel, though discretionary corporate travel and group events have begun to return.
