IHG Reports Third Quarter Results to 30 September 2010
Global constant currency third quarter RevPAR growth of 8.1%, driven by occupancy growth of 4.0 percentage points and rate growth of 1.8%.
Global constant currency third quarter RevPAR growth of 8.1%, driven by occupancy growth of 4.0 percentage points and rate growth of 1.8%.
Shangri-La Hotels and Resorts has been voted Best Business Hotel Brand in Asia Pacific for the tenth consecutive year and won a total of seven awards in Business Traveller Asia-Pacific magazines 2010 Readers Poll.
Powerful and distinct brands: The $1 billion relaunch of Holiday Inn remains on track. 2,585 hotels are now operating under the new Holiday Inn standards, 76% of the total estate. Relaunched hotels are performing at the top end of our expected range.