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The Latest Breaking News from Keith Barr

CarMax Cuts 145 More Jobs as New CEO Pushes for 'Leaner' Workforce Despite Rising Sales

CarMax cuts 145 corporate jobs, including 60 in Richmond, as CEO Keith Barr pursues a leaner workforce amid rising sales and falling profit.

International Business Times UK · Sep 24

2 Resort Stocks to Buy This Week, 1 to Sell

After facing several challenges since the pandemic, the hospitality industry is well-positioned to grow thanks to a revival in travel demand, a strong jobs market, and resilient consumer spending. To that end, buying fundamentally strong resort stocks Marriott International (MAR) and Hilton Grand Vacations (HGV) could be wise. However, avoiding…

StockNews.com · Jul 4, 2023

IHG hotels boss who criticised London’s declining listing appeal set to check out and return to US

Last month, Barr described London as “not a very attractive place to list new companies”

Evening Standard · May 5, 2023

From analysis to the latest developments in health,
read the most diverse news in one place.

‘Still more recovery to come in London’ for IHG, despite revenue above pre-pandemic levels

Hotels giant launches $750 million buyback, but shares dip

Evening Standard · Feb 21, 2023

IHG Hotels & Resorts On Way To Recovery As Travel Booms

InterContinental Hotels Group PLC (NYSE:IHG) IHG Hotels & Resorts said its first-quarter revenue per room neared pre-pandemic levels. Rise in demand for hotel stays in the U.S. spring break has lifted occupancy rates, Reuters reported. Q1 RevPAR, or revenue per available room, was up 61% over the same period in 2021, reaching 82% of the…

Benzinga · May 6, 2022

Holiday Inn owner enjoys boost from US spring break but struggles in China

InterContinental Hotels said revenues per available room were above pre-pandemic levels in the US but remained down in Europe.

The Independent UK · May 6, 2022

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