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Apply for travel industry jobs or place your own recruitment briefs.Travel Industry Jobs
Apply for travel industry jobs or place your own recruitment briefs.IHG secures £600 million from UK govt coronavirus finance facility
27 Apr 2020by James Chapple
IHG is parent to Holiday Inn and Holiday Inn Express, among other brands
IHG has secured £600 million from the government’s Covid Corporate Financing Facility (CCFF).
It comes after the Bank of England confirmed the hotel giant was eligible for support from the scheme.
EasyJet has already banked £600 million from the CCFF, with Wizz Air and Jet2 parent Dart Group pursuing eligibility.
Virgin Atlantic is understood to be seeking state support, but has not stated whether this would be via the CCFF.
Cash from the CCFF is provided on a commercial basis.
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