5/9/2013

InterContinental Hotels Group reports its overall revenue per available room was up 3.1% in the first quarter as average daily rate increased 2%. The hotel firm posted a 4.6% revPAR increase in the U.S, helping push revPAR growth in the Americas region to 4.1%. However, revPAR in Europe was down 2.2%, while China operations showed muted growth of 1.8%.

Related Summaries