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Hotelier’s chief has dismissed talk of a US move for now but a shift from London makes some strategic sense
Shareholders have enquired about a change of scenery — but hotel group is keeping an open mind
Keith Barr’s comments come as several large companies desert London
Owner of Holiday Inn and Crowne Plaza chains says demand in US has been particularly strong
Holiday Inn hotel owner reports US revpar up 6.2% and leisure travel earnings up 13%
Companies analysis from our sister publication
Owner of Crowne Plaza and Holiday Inn says profit in Americas now above pre-Covid level
Corporate bookings recover as executives blend business and leisure trips, according to Holiday Inn and Crowne Plaza owner
Group hails ‘encouraging signs’ in business travel but analysts caution over fresh outbreaks
Sheets changed less frequently and check-ins delayed as laundries struggle to return items promptly
It makes sense to build up leisure side of business as full recovery in business travel is way off
Group hopes its marketing power will attract independent owners to new venture
InterContinental Hotels reports ‘notable pick-up in demand’ from March
Owner of Holiday Inn and Crowne Plaza says improvement will depend on vaccine rollout
Europe the worst-performing market for owner of Crowne Plaza and Holiday Inn hotel brands
Creating the world’s biggest hotels group seems permanently out of reach
The fallout from the pandemic will be ugly and consolidation is a smart move
Speedy expansion is dangerous, even when franchisees and hotel owners bear the risks
Holiday Inn owner seeks cost-savings after ‘toughest first half’ but new openings continue
Holiday Inn owner outlines ‘visible’ hygiene changes as rival Hilton reports slide in revenue
Stronger reserves put Holiday Inn owner in a better position than its competitors
UK-based chain secures £600m government loan as occupancy sits at roughly a fifth of capacity
Crowne Plaza owner reports hit from protests but is upbeat about impact of coronavirus
FTSE 100 company reveals 36 per cent fall in revenues in region
The main driver of IWG’s revaluation is a shift to a franchising model
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