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.
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