On the heels of a banner year, IHG Hotels & Resorts said it expects to return more than $1 billion to shareholders in 2024.
On the heels of a banner year, IHG Hotels & Resorts said it expects to return more than $1 billion to shareholders in 2024.
Marriott and IHG each announced Monday their latest expansion plans in Europe. Marriott set its sights on adding nearly 100 hotels by 2026, while IHG signed a deal to add more than 100 in Germany.
IHG’s third-quarter results on Friday show the group is starting to benefit from the domestic travel resurgence in China, seeing improvements over 2019 for the first time in four years.
Consider it the year of Italy for IHG Hotels & Resorts.
Keith Barr said Friday he would step down as CEO of IHG Hotels & Resorts. Elie Maalouf, who’s headed the American operations, will become the new chief of the UK-based group on July 1.
India is a big potential market for aviation, but not a cheap one due to the high taxes, said International Air Transport Association’s (IATA) Director General Willie Walsh.
IHG Hotels & Resorts‘ new CEO Elie Maalouf said his strategy is to make the company’s portfolio as appealing to owners and guests as possible. Maalouf spoke to Skift on Tuesday after his first earnings call as CEO, having taken the helm last month.
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