The chief executive of InterContinental Hotels Group has hailed a growing demand for travel as the company posted results that show the business getting closer to its pre-pandemic performance.
In full-year figures for the 12 months to 31 December, the London-listed company said revenue was up by a fifth at £2.9bn, with the bottom line back in the black at £494m.
Chief executive Keith Barr said development activity was “well ahead” of 2020, adding that 437 hotel signings had helped to build a global pipeline representing more than 30% of the current business.
