IHG Reaffirms Outlook After Third-Quarter RevPAR Rises 5.3%
IHG reported third-quarter global RevPAR growth of 5.3%, led by a 6.8% increase in the Americas and a 5% rise in EMEAA, and reaffirmed its outlook.
The blue chip hotelier, which has more than 7,000 properties in over 100 countries, saw global revenue per available room (RevPAR) spark 5.3% in the third quarter. That was led by a 6.8% jump in the Americas and a 5% lift in EMEAA (Europe, Middle East, Asia and Africa), despite the conflict-hit Mid…