IHG Doubles Hotel Openings Pace, But Revenue Growth Softens

By Yahoo! Finance | Oct 22, 2024 at 10:39 AM EST

IHG experienced significant growth in Q3, adding 17,500 rooms across 98 hotels. The CEO expressed optimism for a strong year ahead. Despite regional challenges, the hotel giant reported positive trends in revenue. ST200 tracks hotel and short-term rental stocks globally.

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