23rd Oct 2025 10:28
(Alliance News) - InterContinental Hotels Group PLC on Thursday said it is on track to meet 2025 consensus profit and earnings expectations, citing growing demand for its hospitality brands.
The Windsor, England-based hotel operator said global revenue per available room was up 1.4% in the first nine months of 2025, boosted by Europe, Middle East, Asia & Africa, which was up 3.8%, while Greater China was down 2.6% and Americas was up just 0.8%.
In the third quarter, revenue per available room was 0.1% higher, with EMEAA up 2.8%, Greater China down 1.8%, and Americas down 0.9%.
Chief Executive Officer Elie Maalouf said: "We remain on track to meet full year consensus profit and earnings expectations. As anticipated, revenue per available room growth in Q3 was similar to the prior quarter, with another strong performance in EMEAA and further improvement in Greater China, though the US continued to see slower trading conditions. Overall, we continue to benefit from the power of our globally diverse footprint. Growing demand for our world class brands continues, with 2025 set to be one of our biggest ever years for both openings and signings."
He added: "Long-term structural drivers of both travel demand and supply remain compelling, and while near-term macro-economic challenges persist in some markets, others are showing improvement or sustained growth. We continue to demonstrate IHG's ability to capture demand across geographies, chain scales and stay occasions, which forms the foundation of resilient strength in our business. The power of our enterprise platform is clearly showing in 2025 and drives our growth algorithm."
Meanwhile, the company announced it intends to change the currency in which its shares trade on the London Stock Exchange to dollars from pounds.
"IHG has reported its financial results in USD for the past 17 years. Changing its share price currency to match its reporting currency will help reduce the translational impact of exchange rate fluctuations on the share price, therefore better aligning the share price to financial performance, and simplifying the investment appraisal of IHG", it said.
IHG intends for the change to become effective from the start of January.
Back in March, FTSE Russell had announced that from September it will allow securities which trade in non-GBP currencies to be considered for potential inclusion to the FTSE UK index series, if otherwise eligible.
IHG shares were down 1.4% to 9,204.00 pence each on Thursday morning in London.
By Tom Budszus, Alliance News slot editor
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