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IHG’s U.S. RevPAR dips 1.9 percent in first quarter of 2024

by Robert Van Pash (Editor)
May 6, 2024
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IHG Hotels & Resorts’ 2024 first quarter RevPAR dropped 0.3 percent year-over-year in the Americas, led by a 1.9 percent decrease in U.S. RevPAR, offset by an 11.3 percent increase in Canada, Latin America, and the Caribbean combined. Occupancy was 63.1 percent, down 1.1 percentage points, while ADR rose by 1.5 percent in the Americas.

IHG Hotels & Resorts’ first-quarter 2024 RevPAR in the Americas declined by 0.3 percent year-over-year. This was driven by a 1.9 percent decrease in…

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