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Corporate bookings recover as executives blend business and leisure trips, according to Holiday Inn and Crowne Plaza owner
Group hails ‘encouraging signs’ in business travel but analysts caution over fresh outbreaks
Sheets changed less frequently and check-ins delayed as laundries struggle to return items promptly
It makes sense to build up leisure side of business as full recovery in business travel is way off
Group hopes its marketing power will attract independent owners to new venture
InterContinental Hotels reports ‘notable pick-up in demand’ from March
Owner of Holiday Inn and Crowne Plaza says improvement will depend on vaccine rollout
Europe the worst-performing market for owner of Crowne Plaza and Holiday Inn hotel brands
Creating the world’s biggest hotels group seems permanently out of reach
The fallout from the pandemic will be ugly and consolidation is a smart move
Speedy expansion is dangerous, even when franchisees and hotel owners bear the risks
Holiday Inn owner seeks cost-savings after ‘toughest first half’ but new openings continue
Holiday Inn owner outlines ‘visible’ hygiene changes as rival Hilton reports slide in revenue
Stronger reserves put Holiday Inn owner in a better position than its competitors
UK-based chain secures £600m government loan as occupancy sits at roughly a fifth of capacity
Crowne Plaza owner reports hit from protests but is upbeat about impact of coronavirus
FTSE 100 company reveals 36 per cent fall in revenues in region
The main driver of IWG’s revaluation is a shift to a franchising model
Slowdown in core American market weighs on Holiday Inn owner
IHG to remove 200m products by 2021 after investor pressure on environment
Holiday Inn owner nonetheless adds 12,000 rooms in first quarter in expansion drive
Holiday Inn parent looking to tap luxury demand to counter US slowdown
Record demand is spurring a flurry of activity as operators reshape business models
Ocado climbs on US deal speculation while rising costs hit BHP
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