• Great quarter for IHG

IHG has reported revpar up 7% in the third quarter, its best quarterly performance for two years. The US market led, up 8.4%, while greater China saw a rise of just 0.8%. 

The Staybridge brand reached the milestone 200 hotels open, while Indigo reached 60 openings. The company opened 8,000 rooms during the period, and signed 16,000 to its pipeline. 
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