IHG Group has reported a slight 0.1% rise in RevPAR for the third quarter period ended 30 September, as it continued its strong development momentum.
Global RevPAR rose 1.4% in the year-to-date, after edging up 0.1% higher in the third quarter. IHG’s regional performance showed mixed trends, with growth of 0.8% in the Americas, 3.8% across Europe, the Middle East, Asia and Africa (EMEAA), and a 2.6% decline in Greater China.
While global rooms revenue rose 4% in business during the quarter, leisure and group bookings were down 2% and 4% respectively. Nevertheless, occupancy increased 0.4%, while average daily rate slipped 0.4%.
The company achieved gross system growth of 7.2% year-on-year and net system growth of 5.2% after adjusting for the removal of rooms previously affiliated with The Venetian Resort Las Vegas. On a reported basis, net growth was 4.4%.
IHG opened 99 hotels – equating to 14,500 rooms – during the quarter, representing a 17% rise year-on-year, excluding NOVUM conversions. It also signed 170 hotels, or 22,600 rooms, up 18% from the same period last year. The group now has a global pipeline of 342,000 rooms across 2,316 hotels, up 4.7% year-on-year.
IHG has completed $700m (£525m) of its $900m (£675m) 2025 share buyback programme, reducing its share count by 3.9%. It expects to return more than $1.1bn (£820m) to shareholders this year through buybacks and dividends.
Elie Maalouf, chief executive of IHG Group, said: “We are pleased with our performance and the continued growth of our brands to date in 2025. As anticipated, RevPAR growth in Q3 was similar to the prior quarter, with another strong performance in EMEAA and further improvement in Greater China, though the US continued to see slower trading conditions.”
Maalouf said the group remained confident in a “strong outcome for the year and further delivery beyond”, citing resilient travel demand, expanding system size and strong cash generation as key factors supporting long-term growth.
