IHG reported revenue of $840 million in the six months to 30 June, compared to $565 million year-on-year, an increase of 49%. Average daily rates grew 24% and occupancy by 10 percentage points versus 2021, but remained 10 percentage points down on 2019.
IHG opened 96 hotels in the period, taking its total over the 6,000 mark, with a global pipeline of 1,858 properties.
Group pre-tax profit rose from $67 million in the first half of 2021 to $299 million this year.
