IHG remains optimistic despite $524m drop in revenue

InterContinental Hotels Group (IHG) has posted its financial results up to June 30, 2020, giving an insight into how COVID-19 has hit business.

IHG recorded a severe revenue crash in the first half of the year, falling by 52 percent, the group brought in just US$488 million in the first six months of the year. 

Operating Profit for the same period last year was $410 million, equating to an 82 percent drop.

For More Information Please Click Below:

hoteliermiddleeast.com/business/119001-ihg-remains-optimistic-despite-524m-drop-in-revenue