InterContinental Hotels Group (IHG) has reported an 8% increase in US revenue per available room (revPAR) for the third quarter of 2011, driven by an occupancy growth of 3% and a rate growth of 3.4%.
On a total revPAR basis, IHG’s US revPAR for third quarter 2011 grew by 9.5%, outperforming the US industry, which was up by 7.9%.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Total revPAR for Holiday Inn and Holiday Inn Express increased by 10.4% and 9.2%, respectively.
