IHG sees strong growth in Americas, China

Hotels group InterContinental Hotels saw solid revenue per available room (RevPAR) growth in the first quarter of 2012, helped by an increase in rates and occupancy, as well as strong performances in the Americas and China.

Hotels group InterContinental Hotels saw solid revenue per available room (RevPAR) growth in the first quarter of 2012, helped by an increase in rates and occupancy, as well as strong performances in the Americas and China.

The Crowne Plaza and Holiday Inn owner said that total revenue rose 3% from $396m to $409m in the three months to March 31st, up 4% at constant exchange rates (CERs).

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