Holiday Inn owner IHG buoyed by returning travel after Covid impact

Keith Barr, chief executive officer of IHG, said that the group ‘saw demand return strongly in most of our markets’.

The Holiday Inn Hotel near Heathrow Airport, London (Steve Parsons/PA) (PA Archive)

Sales and profits have rebounded at Holiday Inn owner InterContinental Hotels Group (IHG) amid an increase in travel following the easing of pandemic restrictions.

Nevertheless, IHG saw continued weak demand in China where virus curbs continue to have an impact on operations last year.

Keith Barr, chief executive officer of IHG, said that the group “saw demand return strongly in most of our markets”.