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IHG Hotels and Resorts has reported a 13% increase in operating profits to $1.3bn (£960m) for the year ending 31 December 2025, having opened a record 443 hotels which added 65,100 rooms to its global estate.
While total group RevPAR grew by 1.5% during the period, performance varied by region, as a 4.6% increase in Europe, the Middle East, Africa and Asia (EMEAA) offset a 1.6% decline in Greater China.
Net group-wide growth also reached 4.7% during 2025 after adjustments for the removal of rooms at The Venetian Resort Las Vegas.
Net debt increased by $551m (£408m) to $2.5bn (£1.8bn), driven by shareholder returns and acquisition spending. That said, the group ended 2025 with an adjusted EBITDA of $1.3bn (£960m), up 12% year-on-year.
Earlier this week (17 February) the group launched a new premium brand, Noted Collection, to complement its acquisition of the Ruby lifestyle brand. The IHG global pipeline now stands at 340,000 rooms, representing 33% of its current system size.
A new $950m (£704m) share buyback programme has also been authorised for 2026, which is expected to bring cumulative shareholder returns to more than $5bn (£3.7bn) over a five-year period.
Elie Maalouf, chief executive of IHG, said: “Thanks to the hard work of our teams we delivered excellent financial performance in 2025 and in the face of some turbulent trading conditions. There was also further progress on our clear strategy to unlock IHG’s full potential for all stakeholders.
“We are delighted to launch today our new brand – Noted Collection – in the large and fast-growing premium segment, which I am confident will build on the well-established successes already achieved with our other collection and conversion brands – Vignette, voco and Garner.”
He added: “The launch of Noted Collection follows the acquisition in 2025 of the Ruby brand, which further enriches our Premium portfolio with an exciting, distinct and high-quality offer for both guests and owners in popular city destinations.”
