What is IHG revenue?

2.394 billion USD (2020)
IHG Hotels & Resorts/Revenue

How does IHG generate revenue?

Owned, leased and managed lease: 6.9%. Revenue attributable to IHG and this comprises: Fee business revenue from reportable segments: in 2018, 77% of our revenue came from franchise and management fees, and central revenues: – Franchise fees = RevPAR x rooms x royalty rate.

What is System fund revenue?

The System Fund We manage a System Fund for the benefit of all hotels in the IHG® System with the objective of driving revenue. Total assessments and contributions paid by hotels into The Fund are spent on marketing, the IHG® Rewards loyalty programme and the guest reservation system.

What is IHG purpose?

At IHG, we’re committed to providing True Hospitality for Good, every day. Our simple but powerful purpose centres on creating rich and memorable guest experiences, and recognising, respecting and caring for people.

What kind of revenue does InterContinental Hotels Group make?

Intercontinental Hotels Group annual/quarterly revenue history and growth rate from 2006 to 2020. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services.

What does it mean to be a member of IHG?

*Definition: This figure relates to rooms revenue delivered to hotels through bookings made directly with IHG, bookings by IHG Rewards members made directly with hotels, and bookings made via Online Travel Agencies and the Global Distribution System.

Is there a glossary for hotel revenue management?

Let our comprehensive glossary of hotel industry and revenue management lingo be your guide. A rules-based process used to create optimal revenue management segmentation from reservation data to support both the best basis for forecast and optimization and key organizational reporting and business intelligence requirements.

How is revenue defined on an income statement?

Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.