IHG revenue rises on Europe, Asia travel growth despite US decline
InterContinental Hotels Group reported stronger-than-expected global hotel revenue in the fourth quarter, supported by travel demand across Europe, the Middle East, and the Asia Pacific. Growth in these regions helped offset continued weakness in the United States, where leisure travel has slowed as consumers rein in spending. The company exceeded analyst expectations for global room revenue, highlighting how international markets are sustaining performance even as economic pressures affect travel patterns in its largest market. The results reflect shifting global demand trends as hotel operators increasingly rely on regional diversification to maintain revenue stability and reduce reliance on slower domestic markets. Global room revenue beats forecasts IHG reported a 1.6% increase in global revenue per available room for the quarter ended…