Join hospitality professionals

Enter your email address:

Get all the latest job, news, views, ideas and more FREE!!

NEWS |IHG 2013 Interim Results

Interim Results 2013 IHG, one of the world’s leading hotel companies, is pleased to announce 3.7% growth in RevPAR (revenue per available room) in the first half of the year (six months to 30th June 2013), supporting a 7% increase in revenue for the period and a 20% increase in operating profit to $338 million*. IHG’s good performance reflects the strength of its broad portfolio of preferred brands and its geographic spread. IHG also today announced a 10% increase in the interim dividend, as well as plans to return an additional $350 million to shareholders via a special dividend, continuing our track record of industry leading shareholder returns. Regional highlights include: • In the Americas, a 21% increase in operating profit was underpinned by continued RevPAR progression of 4.5% and a 1.3% growth in system size.