InterContinental Hotels Group posted strong third-quarter revenues thanks largely to a return of business travel.
The company said that revPAR rose 6.7% for its brands in the Americas compared with the same period in 2009.
Increases were fuelled by occupancy growth of 3.8% and rate growth of 0.8%.
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The company said the Holiday Inn and Holiday Inn Express saw strong results thanks to the re-launch of the franchise.
Third quarter revPAR growth at the hotels which had completed the re-launch swelled by 7.9% at Holiday Inn and 6.8% at Holiday Inn Express.
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