IHG Global RevPAR Up 5.3% in Q3 2026
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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.
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- Hotel Dive FeedIHG Q3 global RevPAR up 5.3%, US occupancy reaches 73.9%
InterContinental Hotels Group (IHG) 2026 third-quarter results show global RevPAR up 5.3% year on year, the Americas up 6.8%, the US up 6.9%, and US occupancy at 73.9%, the highest level since 2017.
- Skift FeedIHG says it is winning hotels from rival brands, with conversions accounting for about half of new US openings
InterContinental Hotels Group (IHG) says it is taking market share from competitors, with conversion projects now accounting for about half of its new hotel openings in the US and 60% of signings, and most coming from hotels of other brands rather than independent hotels. CEO Elie Maalouf said in the third-quarter trading update that most of these projects come from other brands in the US and globally. Market consensus now expects IHG's net room growth this year to be 4.8%, up from 4.2% previously; the company confirmed confidence in reaching that figure and said a strong third quarter could drive a slight upward revision to consensus.
- Business Travel NewsIHG Q3 business travel room revenue up 4% year on year
IHG Hotels & Resorts' system-wide business transient room revenue rose 4% year on year in the third quarter of 2026, mainly driven by a 3.9% increase in average daily rate. Business transient room revenue in the Americas rose 6% year on year, with group business up 12%; global RevPAR rose 5.3% year on year to US$97.16. Greater China RevPAR fell 3.3% year on year to US$41.73, and RevPAR in the six Middle East countries fell 12% due to proximity to conflict areas.
- IHG NewsroomSelectedIHG Hotels & Resorts Releases Q3 2026 Trading Update: Global RevPAR Up 5.3%
IHG Hotels & Resorts released its third-quarter trading update for the period ended September 30, 2026, with global RevPAR up 5.3% year on year, including growth of 6.8% in the Americas, 5.0% in EMEAA, and a decline of 3.3% in Greater China.