IHG Happy to Keep Doing Things Differently to Competitors


Skift Take

Solomons is correct in pointing out the diverging strategies of the big hotel companies and over the next couple of years we will be able to find out which one was right.

InterContinental Hotels Group Chief Executive Richard Solomons has chosen a good time to bow out. The United Kingdom-based company’s share price has hit record levels recently and its first-quarter results revealed a 2.7 percent rise in global revenue per available room – a key hotel industry metric. Solomons is stepping down and will be replaced by chief commercial officer Keith Barr in what looks to be an orderly transition. Barr is part of the IHG’s executive committee and has been a key player in the

Tags: earnings ihg