IHG reports higher first-half profit as U.S. demand accelerates despite Middle East disruption
1 independent sourcepublished
InterContinental Hotels Group reported increased first-half profit as U.S. demand strengthened, according to CNBC. The hotel operator attributed the growth to a rising middle class driving bookings, though disruptions in the Middle East cut into overall travel.
Sources: CNBC
This article is for information only and is not financial advice.
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Tags: IHG, hotels, travel-demand, earnings
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