Quarterly ResultMay 7, 2026, 06:52 AM
IHG Q1 Global RevPAR +4.4%; Net System Size +5.0%; $240M Buyback Completed
AI Summary
InterContinental Hotels Group (IHG) reported a very strong Q1 2026 trading performance, with global RevPAR increasing by 4.4%, exceeding expectations. The company demonstrated continued development momentum, with underlying signings and openings ahead of last year, reaching a milestone of over 7,000 hotels globally. IHG expressed confidence in achieving full-year consensus growth forecasts and profit expectations, supported by its diversified business model and ongoing share buyback program.
Key Highlights
- Global RevPAR increased by +4.4% in Q1 2026.
- Americas RevPAR grew +3.6%, EMEAA +5.6%, and Greater China +5.7%.
- Gross system size grew +6.6% YOY, with 14.9k rooms (82 hotels) opened in Q1.
- Net system size grew +5.0% YOY, reaching 1,036k rooms (7,014 hotels) globally.
- Signed 21.4k rooms (163 hotels) in Q1, +6% more than the prior year (excluding Ruby acquisition).
- $240 million of the $950 million 2026 share buyback program has been completed to date.
- Q1 global rooms revenue on a comparable basis was strongest for Groups (+7%) and Business (+6%).