The company once said that was the length of an upcycle in revenue per average room (revpar ... The hotel industry cannot grow capacity faster than global GDP forever. IHG’s market share ...

During fourth quarter 2022 earnings, Hyatt management said that in 2022, 66 percent of their gross room additions were in ... portfolio just a decade ago”. IHG management said that their luxury ...

Unlike new-build brands that take time to grow because of construction ... so the new brand is likely more affordable. IHG expects to target around a 25% lower cost per room to convert to the ...

(Reuters) - Holiday Inn owner InterContinental Hotels Group said on Thursday it is on track to meet analysts' profit expectations after reporting growth in U.S. room revenues that outpaced rivals.