UK's IHG falls as Q3 US RevPAR dips

Intercontinental Hotels

23/10/2025 13:44

** Shares of InterContinental Hotels Group IHG.L down 1.2% at 9,224 pence

** Co's Q3 RevPAR drops 1.6% in the US

** Reports rise in Q3 occupancy by 0.4% pts & average daily rate down 0.4%

** IHG's peer Hilton Worldwide HLT.N on Wednesday cut its 2025 room rev forecast and warned that ongoing U.S. government shutdown was affecting travel demand in country

** IHG adds, it remains on track to meet full year consensus profit & earnings expectations

** Including session's losses, stock down ~7% YTD

 (Reporting by Ankita Bora in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))