IHG CEO Sees U.S. Travel 'Bounce Back,' Targets Asia for Expansion

Key Points

• IHG CEO Elie Maalouf reports that U.S. travel has rebounded after early-year turbulence, with strong summer and Memorial Day demand.
• Domestic travelers drive most of IHG’s U.S. business, insulating the company from international volatility and staffing disruptions.
• IHG is focusing on expansion in Asia, especially China, where a growing middle class and rising travel demand signal long-term growth.

Summary

IHG CEO Elie Maalouf expressed optimism about the rebound in U.S. travel following early-year challenges, noting that domestic demand remains strong and that the business is well-distributed across the country. While international bookings, especially from Europe, dipped earlier in the year, they have since recovered, and the company has been minimally affected by recent staffing issues. Looking ahead, IHG is targeting significant expansion in Asia, particularly China, where a rapidly growing middle class and increased outbound travel are expected to drive long-term growth.