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.
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