Holiday Inn Express

Holiday-Inn owner IHG posts annual loss on COVID-19 slowdown

IHG, which previously scrapped its final dividend, said 2020 was the most challenging year in its history as revenue per available room slumped 52.5 percent
Demand remained stronger in IHG’s Holiday Inn Express business, which represents about 70 percent of its rooms in the US market

By Reuters · 23 February 2021