InterContinental Hotels Group PLC (IHG.L,IHG) reported first-quarter global RevPAR growth of 3.1%, with rate up 2.0% and occupancy up 0.6% pts. The Group said the shift in timing of Easter from April into March adversely impacted RevPAR in the quarter. This resulted in a boost in April when RevPAR was up 6.2% for the Group as a whole compared to just 0.6% in March.
The Group said its trading is on track to deliver full year results in line with expectations.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.