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Intercontinental Hotels Group issues management update

Oct. 21, 2014 8:07 AM ETInterContinental Hotels Group PLC (IHG) StockIHGBy: Clark Schultz, SA News Editor
  • Intercontinental Hotels Group (NYSE:IHG) discloses comparable REVPAR growth of 7.0%.
  • REVPAR by region: Americas +8.4%, Europe +6.1%, Asia/Middle East/Africa +4.4%, Greater China +0.8%.
  • The company says its hotel pipeline stands at 1,198 hotels with 45% under construction and 90% located in priority locations.

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