Beijing Business Daily News (Reporter Wu Qiyun) On February 21, InterContinental Hotels Group released its 2023 financial report. During the reporting period, InterContinental Hotels achieved a total revenue of 4.624 billion US dollars, a year-on-year increase of 19%; The operating profit was 1.066 billion US dollars, a year-on-year increase of 70%.
According to the financial report, during the reporting period, the global revenue per available room (RevPAR) of Intercontinental Hotels increased by 16.1% year-on-year; Compared to 2019, the global RevPAR increased by 10.9%. Among them, the RevPAR for the Americas market increased by 7.0% year-on-year, the EMEAA market increased by 23.7%, and the Greater China market increased by 71.7%. In addition, the average daily housing price increased by 5% year-on-year in 2022 and 13% year-on-year in 2019; The occupancy rate increased by 6 percentage points year-on-year in 2022, and only decreased by 1 percentage point compared to 2019.
In 2023, Intercontinental Hotels opened a total of 47900 rooms (275 hotels), a year-on-year increase of 16% (except for Iberostar Beach Resort); 79200 rooms (556 hotels) were signed, a year-on-year increase of 26% (except for Iberostar Beach Resort). As of the end of 2023, the total number of hotel rooms in InterContinental Hotels worldwide was 946000 (6363 hotels), with 297000 rooms under construction worldwide (2016 hotels), a year-on-year increase of 5.5%.