✉news BusinessEconomy first seen 1 d ago, last 14 h ago, peak #5
IHG reports Q3 RevPAR growth on strength of US economy
Original: IHG reports Q3 RevPAR growth driven by ‘strength of US economy’
Hotel group IHG has reported growth in revenue per available room for the third quarter, which it attributes to the strength of the US economy. The results point to continued robust demand for travel and accommodation in the American market, a key driver for the global hotel operator.
Why now: Investors and the travel industry are watching hotel earnings as a barometer of US consumer and economic health.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/3274755