Intercontinental Hotels – Strong On Jargon, Rev Par And Growing Rooms

Intercontinental Hotel Grp. IHG delivers a jargon laden third quarter update indicating that it is very pleased with itself. Net rooms grew at 4.1%, the strongest since 2010 and it is accelerating brand growth around the world. Rev Par 2.3% in the quarter and  2.2% for the year to date.Europe was particularly strong with rises […]