• 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. 
Read the full story here:
http://www.ihgplc.com/index.asp?PageID=116&Year=2014&NewsID=3312
 
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