financeasianhospitality.com··1 min·For: Owner, Investor, Revenue, GM
IHG H1 RevPAR Rises 4.1% as Operating Profit Jumps 10%
IHG Hotels & Resorts posted a 4.1% increase in global RevPAR for the first half of the year, driven by accelerating U.S. demand and strong fee business growth. Operating profit from reportable segments climbed 10% to $665 million alongside a 5% net system expansion.
Key Takeaways
- 1Global RevPAR grew 4.1%, with U.S. performance accelerating to 5.2% in Q2.
- 2Operating profit rose 10% to $665M as fee margins expanded 1.2 percentage points to 65.9%.
- 3Net system growth reached 5%, backed by 31,500 room openings and conversions driving nearly half of all signings.
Source: asianhospitality.com
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