IHG CEO Sees Great Growth in U.S., Global Business

The video discusses the current state of the hotel industry, focusing on the US market's room supply growth and its potential impact on pricing. It highlights a general softening in the US market due to various factors but notes strong performance in Europe and China. The discussion also covers global RevPAR and the company's strategy of signing and opening new hotels worldwide, emphasizing long-term value creation through supply growth and brand expansion.

What factors contributed to the softening of the hotel industry in the US during the second quarter?

• Shift of Easter and oil market headwinds

• Increased competition from new hotels

• Rise in construction costs

• Decrease in international tourism

Which region experienced a 6.5% increase in RevPAR, indicating strong performance?

• Europe

• United States

• Asia

• South America

What is the company's focus when it comes to global RevPAR?

• Increasing the number of hotels

• Enhancing customer service

• Reducing operational costs

• Driving long-term shareholder value

How many hotels does the company aim to open each day as part of its expansion strategy?

• Three hotels

• One hotel

• Ten hotels

• Five hotels

Which brand was recently introduced to Europe as part of the company's growth strategy?

• Holiday Inn

• Intercontinental

• Kimpton Hotel

• Hotel Indigo