Holiday Inn owner suffers Middle East slowdown as Iran war hits tourism Hospitality The owner of Holiday Inn has suffered a slump in revenue at its Middle Eastern business as the Iran war knocked the region’s tourist economy. Intercontinental Hotels Group (IHG) said its revenue per available room in the Middle East slipped by 19 per cent in the three months to June. This followed a two per [...]
Aspire’s David Collyer: my curry catastrophe at the Cinnamon Club Opinion Square Mile and Me: We dig into the memory bank of the City’s great and good. Today, David Collyer, global senior vice president at Aspire, on being a Ferrari fan and a curry catastrophe What was your first job? A paper round – I used to dread Sundays because of the broadsheets but it’s where [...]
IHG: Holiday Inn owner posts rise in revenue driven by growth in Europe and Asia Hospitality Holiday Inn owner InterContinental Hotels Group (IHG) has reported an increase in revenue as the tailwinds that turbocharged its profits last year roll over into 2024.