IHG reports FY2024 global RevPAR increase of 3%; acquires Ruby brand
Hotel Business
FEBRUARY 18, 2025
InterContinental Hotels Group (IHG Hotels & Resorts) reported global RevPAR increased 3% for full-year 2024 vs. 2023, with a year-over-year increase of 4.6% for the fourth quarter. RevPAR for the Americas was up 2.5% for the year (up 4.6% in Q4), with U.S. RevPAR up 1.7% for the year, accelerating from 0.6% in the first half to 2.6% in the second half.
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