IHG posts 3.1% growth in Q1 revPAR

05/9/2013 | Bloomberg · Travel Weekly

InterContinental Hotels Group reports its overall revenue per available room was up 3.1% in the first quarter as average daily rate increased 2%. The hotel firm posted a 4.6% revPAR increase in the U.S, helping push revPAR growth in the Americas region to 4.1%. However, revPAR in Europe was down 2.2%, while China operations showed muted growth of 1.8%.

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Bloomberg · Travel Weekly

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