Holiday Inn and Crown Plaza owner InterContinental Hotels Group (IHG) saw growth in US revenue per available room (RevPAR) moderate in the third quarter as a result of a seasonal impact, the company said on Wednesday.
Speaking at the annual conference for hotel owners in the Americas region, IHG said that RevPAR - a key measure in the hotel industry - in the US rose by 4.6% year-on-year in the three months to September 30th, down from the 8.0% growth seen in the first half.
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