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RevPAR growth accelerated in Americas amid Middle East headwinds.
Plus, Reuben Brothers and Three Rules Capital are moving forward with plans to build a $2 billion mega-resort on the southwest coast of Puerto Rico, featuring two luxury hotels.
Strong Americas demand and record hotel development could not fully offset war-related pressure across IHG's Middle Eastern portfolio.
The European stock markets closed mixed in Tuesday trading as another potential deal between the US
IHG delivers broad-based RevPAR growth of 4.1% and expands fee margins by 120 basis points, while navigating Middle East headwinds and positioning for future system growth.
