IHG recently released its financial report for the first half of the year, reporting a revenue of $1.03 billion, a 23% increase year-on-year. Operating profit reached $479 million, a 27% increase year-on-year.
The revenue from the Greater China region was $74 million, showing a growth rate of over 105% compared to the previous year, accounting for approximately 7% of IHG's total revenue.
The core performance indicator, Revenue Per Available Room (RevPAR), increased by 17% year-on-year, benefiting from the rise in hotel room prices and the recovery of the Chinese market.
In the first half of the year, the Greater China region's RevPAR grew by 94% year-on-year, with a staggering increase of 110% in the second quarter.
