Hotels

IHG returns to profitability as it launches new luxury hotel brand

The Holiday Inn owner said it will be targeting around 1.5 million independently run rooms and expects the collection to attract more than 100 hotels within 10 years

InterContinental Hotels Group (IHG) has returned to profitability in its half-year interim report ahead of the upcoming launch of a new “Luxury and Lifestyle” collection brand.

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