- IHG reported 4.1 percent H1 RevPAR growth.
- Americas RevPAR rose 4.8 percent, with rate up 3.3 percent.
- US estate reached 4,129 hotels, with 1.4 percent system growth.
IHG HOTELS & RESORTS reported a 4.1 percent increase in global RevPAR for the six months ended June 30. Operating profit from reportable segments rose 10 percent to $665 million.
Revenue from reportable segments rose 7 percent to $1.255 billion, while fee business revenue increased 7 percent to $971 million, IHG said in a statement. Fee margin rose 1.2 percentage points to 65.9 percent, while adjusted EPS increased 13 percent to 274.7 cents from 242.5 cents a year earlier.
“Our diverse global footprint and better-than-expected demand in most markets around the world delivered strong RevPAR growth of 4.1 percent in the first six months of 2026,” said Elie Maalouf, IHG CEO. “Trading in the US accelerated in the second quarter, growth in Greater China continued and a good performance elsewhere in our EMEAA region helped offset challenges in the Middle East.”
IHG opened 31,500 rooms across 197 hotels in the first half, up 8 percent on an organic basis excluding the Ruby acquisition. It signed 49,196 rooms across 352 hotels, also up 8 percent organically, while net system growth reached 5 percent.
Its global estate reached 1,048,731 rooms across 7,109 hotels. Its pipeline stood at 347,691 rooms across 2,385 hotels, up 3 percent year on year, with about half under construction. The U.S. estate reached 4,129 hotels, with net system growth of 1.4 percent and a pipeline equal to 20 percent of its current system size.
Americas RevPAR increased 4.8 percent, with rate up 3.3 percent and occupancy up one percentage point. U.S. RevPAR rose 4.5 percent, accelerating from 3.4 percent in the first quarter to 5.2 percent in the second, while group rooms revenue increased 10 percent, leisure 4 percent and business 3 percent.
Total revenue increased 6 percent to $2.659 billion, while operating profit rose 8 percent to $671 million. Fee business operating profit increased 9 percent to $640 million, driven by higher fee revenue and system growth.
IHG generated $360 million in adjusted free cash flow and remains on track to return more than $1.2 billion to shareholders in 2026. It also expects to meet full-year consensus profit and earnings expectations.
Conversions accounted for 43 percent of openings and 49 percent of signings in the first half. IHG said the Middle East conflict continues to disrupt international travel, but expects the impact to be offset by demand growth elsewhere.
Maalouf said IHG remains focused on expanding its brands and geographic presence, developing its technology and enterprise platform and growing ancillary fees.
“The company remains confident in its growth plans, supported by demand across business, leisure and group travel,” he said.
In May, IHG reported a 4.4 percent year-on-year increase in global RevPAR for the first quarter. RevPAR rose 3.6 percent in the Americas, 5.6 percent in EMEAA and 5.7 percent in Greater China.
