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Evening Standard
Evening Standard
Holly Williams

Holiday Inn owner sees profits rise despite pressure from global uncertainty

Holiday Inn InterContinental Hotels Group
InterContinental Hotels Group has revealed a slowdown in global room revenue amid economic uncertainty (Steve Parsons/PA) - (PA Archive)

Holiday Inn owner InterContinental Hotels Group has revealed a slowdown in global room revenue as economic uncertainty due to tariffs and geopolitical tensions takes its toll.

The London-listed group reported that revenue per available room (revpar) – a key measure for the hotel industry – pulled back sharply to 0.3% in the second quarter from 3.3% in the previous three months.

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