InterContinental Hotels Group PLC

IHG: XLON (GBR)
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InterContinental Hotels Earnings: Traveler and Owner Demand for Brand Remains Strong; Shares Rich

InterContinental Hotels Group's second-quarter revenue per available room increased 3.5%. Rooms grew 5%, driven by an 8% increase in openings. Operating profit increased 10%, driven by a 7% lift in fee sales compared with a 4% rise in expenses.

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