IHG Hotels & Resorts Reports Half-Year Results
IHG Hotels & Resorts reported half-year results ending June 30, 2024. Highlights include company performance with operating profit from reportable segments (+12 percent) and Adjusted EPS (+12 percent); record signings; on track to return over $1 billion to shareholders; and positivity in long-term growth drivers. Trading and revenue System size and pipeline Margin and profit Cash flow and net debt Shareholder returns Elie Maalouf, CEO, IHG Hotels & Resorts, said, “With thanks to our teams […]
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