IHG Global RevPAR Up 5.3% in Q3 2026

On October 22, 2026, InterContinental Hotels Group released its Q3 trading update for the period ended September 30, 2026, with global RevPAR up 5.3% year over year, including Americas up 6.8%, EMEAA up 5.0%, and Greater China down 3.3%. A follow-up report the same day said global RevPAR rose to US$97.16, and system-wide business transient room revenue grew 4% year over year, mainly driven by a 3.9% increase in average daily rate; Americas business transient room revenue grew 6% year over year, with group business up 12%; Greater China RevPAR fell to US$41.73, and RevPAR in six Middle East countries fell 12% due to proximity to conflict zones. An October 23 report said group CEO Elie Maalouf stated in the trading update that the company is taking market share from competitors, with conversions accounting for about half of its new U.S. hotel openings and 60% of signings, and most coming from other branded hotels rather than independent hotels. Market consensus now expects IHG net room growth of 4.8% this year, up from 4.2% previously; the company confirmed confidence in reaching that figure and said a strong Q3 could drive a slight upward revision to consensus. Another October 23 report said that within the 6.8% Americas growth, the U.S. grew 6.9%, and U.S. occupancy reached 73.9%, the highest level since 2017.