Holiday Inn-owner IHG bruised by weak bookings in China, Hong Kong
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(Reuters) - Holiday Inn-owner InterContinental Hotels Group blamed lower business bookings in China and protests in Hong Kong for a 0.8% fall in quarterly revenue per room on Friday, the latest company to be pinched by weaker global travel. The company, which has nearly 5,800 hotels under brand names like Crowne Plaza and Regent Hotels & Resorts, said revenue per available room (RevPAR) fell 6.1% in Greater China, with a 36% drop in Hong Kong.Competitors such as Hilton Worldwide Holdings..