IHG posts $340 million profit in first half

08/7/2013 | Bloomberg Businessweek

InterContinental Hotels Group said robust demand in the Americas helped drive net income up to $340 million during the first half of 2013, compared with $271 million during the same period last year. The hotel firm reported 14% growth in revenue in the Americas, including a 7% revenue increase in the region's group segment. Global revenue per available room was up 3.7%.

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