IHG Q3 Global RevPAR Up 5.3% Led by Strong US Demand
IHG Hotels & Resorts reported a 5.3% increase in Q3 global RevPAR, driven by robust group travel and solid gains in the Americas and EMEAA. The company expanded its pipeline to 353,000 rooms and reaffirmed confidence in meeting full-year profit targets.
Key Takeaways
- 1Q3 global RevPAR rose 5.3%, fueled by a 10% surge in group business and a 6.8% lift in the Americas.
- 2System size reached 1.06 million rooms across 7,186 hotels, with net system growth expanding 4.9% year-over-year.
- 3IHG remains on track to return over $1.2 billion to shareholders in 2026 via buybacks and dividends.
Source: Lodging Magazine
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