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The Independent UK
The Independent UK
Business
Holly Williams

Holiday Inn owner IHG boosted by World Cup after Iran war hit bookings

Holiday Inn World Cup Iran IHG Americas InterContinental Hotels Group
InterContinental Hotels Group has drawn on a surge in World Cup-related travel to offset a sharp deterioration in its Middle Eastern business - (PA Archive)

Increased booking demand linked to the World Cup has helped Holiday Inn owner InterContinental Hotels Group (IHG) counter downturns caused by the war in Iran across its Middle Eastern operations.

The group stated that revenue per available room (RevPAR)—a key performance metric for the hotel industry—grew 4.8 per cent in the Americas during the first half, with growth reaching 5.4 per cent in the second quarter.

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