culture

IHG Sees Boost from World Cup Amid Middle East Conflict

Holiday Inn owner IHG boosted by World Cup after Iran war hit bookings The World Cup has long been a boon for the hotel industry, drawing millions of fans to host cities around the globe.

This year's tournament was no exception, with InterContinental Hotels Group (IHG) reporting a 6% increase in revenues on an underlying basis.

IHG's half year results showed significant growth in bookings and revenue per available room across key markets, particularly in the Americas.

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