InterContinental Hotels Group Plc - Company Profile
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View moreBusiness Description
InterContinental Hotels Group Plc (IHG) is one of the leading hotel companies in the world. It operates mainstream, upscale and luxury hotels under various brands including Six Senses, Regent, InterContinental, Vignette Collection, Kimpton, Hotel Indigo, Voco, HUALUXE, Crowne Plaza, Garner, Iberostar, EVEN Hotels, Holiday Inn, Holiday Inn Express, Holiday Inn Resort, avid, Atwell suites, Staybridge Suites and Candlewood Suites. It operates in more than 100 countries across the Americas, Europe, the Middle East, Asia, and Africa. As of December 31, 2022, it operated 6,164 hotels with 911,627 rooms.
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Geographical Segments
Overview
Operates hotels and resorts in the US, Canada, Mexico, Latin America, and the Caribbean. 93% of its rooms are operated under franchise business model, in mainstream segment through Holiday Inn brand family. Operates franchise hotels in upscale segment under Crowne Plaza brand. In luxury segment, operates InterContinental-branded hotels under franchise and management agreements and Kimpton under management agreements.
Performance
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Overview
Comprise costs of global functions such as sales and marketing, human resources, technology, finance and corporate services. It also includes central revenue from technology fee income.
Performance
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Overview
Includes the hotel operations in the UK and cities in continental Europe, the Middle East and Asia. Operates franchise model hotels in UK and continental Europe through upper midscale segment under the Holiday Inn and Holiday Inn Express brands. In upscale segment, operates Crowne Plaza branded hotels under franchise and management agreements and the luxury segment includes Intercontinental brands, which are operated under management agreements. Majority of hotels outside Europe are operated under management agreement model.
Performance
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Overview
Operates majority of rooms under the managed business model in Mainland China, Hong Kong and Macau.
Performance
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