- IHG reported a 4.4 percent year-on-year rise in global RevPAR for Q1.
- ADR rose 2 percent and occupancy increased 1.5 percent.
- It opened 82 hotels during the quarter, adding 14,900 rooms.
IHG HOTELS & RESORTS reported global RevPAR rose 4.4 percent year on year for the first quarter. The Americas increased 3.6 percent, Europe, Middle East, Asia and Africa rose 5.6 percent and Greater China grew 5.7 percent.
The performance reflected demand recovery in key markets and expansion of its hotel network, IHG said in a statement. Revenue growth was supported by higher room rates and improved occupancy. Business and group travel grew faster than leisure, contributing to overall performance.
“With thanks to our teams, we delivered a very strong first quarter trading performance, benefiting from our diverse global footprint and better-than-expected demand in most regions around the world,” said Elie Maalouf, IHG CEO. “Global RevPAR grew 4.4 percent, with strength in the U.S. on top of growth in the same period last year and further acceleration in Greater China following a return to growth in the prior quarter. Our EMEAA region also performed well despite challenges from the conflict in the Middle East, where we continue to do all we can to support our guests, teams and owners.”
In March, IHG appointed Neetu Mistry managing director for the U.K. and Ireland.
IHG opened 82 hotels during the quarter, adding 14,900 rooms and grew system size by 6.6 percent year on year on a gross basis. Net system growth was 5 percent year on year, taking total rooms to about 1,036,000 across 7,014 hotels, driven by new openings and conversions.
IHG signed 163 hotels in the quarter, representing 21,400 rooms, with pipeline growth of 3 percent year on year to 343,000 rooms across 2,347 hotels. Conversion activity accounted for 35 percent of rooms opened and 53 percent of signings, with entries into Greater China and EMEAA.
On a comparable basis, room revenue growth was led by groups at 7 percent and business travel at 6 percent, while leisure travel rose 1 percent. ADR increased 2 percent and occupancy rose 1.5 percent, supported by pricing and demand.
Maalouf said the company reached more than 7,000 hotels, opening 82 properties in the first quarter.
“Strong pipeline momentum continued with the signing of 163 hotels, which was ahead of 2025,” he said. “This included the first signing for our new premium brand, Noted Collection, in EMEAA and the arrival of our Essentials conversion brand, Garner, into Greater China. Demand for quick-to-market conversions to IHG’s brands and enterprise platform continues to be high, representing 35 percent of rooms opened and 53 percent of signings in the quarter.”
Total system size exceeded 7,000 hotels during the quarter, with expansion continuing across the portfolio. Pipeline development remained strong and aligned with the long-term growth strategy. Early second-quarter indicators show continued revenue growth, supported by demand outside the Middle East despite travel disruption risks in some markets.
Management reiterated confidence in full-year performance, citing demand across geographies, chain scales and travel segments including business, leisure and group travel. It said domestic and intra-regional travel remained a key driver of resilience across its portfolio.
“Looking ahead, our comparable on-the-books global revenue for the second quarter indicates continued growth, with the impact of the Middle East conflict and some wider disruption to international travel flows expected to be more than offset by increases in demand elsewhere,” said Maalouf. “Our business model is strategically diversified and resilient in capturing demand across geographies, chain scales and the different stay occasions of business, leisure and groups travel, as well as being heavily weighted to domestic and intra-regional travel. While still early, our confidence in achieving full-year consensus growth forecasts and profit expectations is underpinned by the strength of our performance year-to-date. We are delivering on our strategic priorities and growth algorithm, which capitalizes on the scale and capabilities of IHG’s platform, our leading positions and the attractive long-term structural growth drivers for both demand and supply across our markets.”
Meanwhile, IHG’s Garner brand reached 100 hotels since its August 2023 launch, becoming its fastest brand to scale. A pipeline of nearly 80 hotels is expected to almost double its size in the coming years.
The company reported full-year 2025 revenue of $35.2 billion, up 5 percent year on year. Global RevPAR rose 1.5 percent, with the Americas up 0.3 percent, while ADR increased 0.8 percent and occupancy rose 0.5 percentage points.
