World Cup boost helps Holiday Inn owner weather Iran war hit

IHG said revenue per available room (RevPAR), a key measure of performance for hotels groups, rose by 4.8% in the Americas over the half-year, with 5.4% in the second quarter thanks strong growth in World Cup football match locations, which it said added about 1% to growth.

This post was originally published on this site

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.