Take a look at this IHG video, with their Chief Financial Officer Tom Singer commenting on the key highlights of the latest financial results, published this week.
- Revenue up 9% to $1.8billion
- Total operating profit up 26% to $559 million
- RevPAR up by 6.2%
- 241 new hotels opened last year
- 256 hotels signed into IHG’s pipeline (244 in US)
- Focus this year on Crowne Plaza repositioning
- 2 new brands to launch 1st half of 2012 – a midscale brand
for the US and upscale brand for China.