IHG Is Growing in Greater China

• STR reported China hotel RevPAR data for the week ended February 4th. China hotel RevPAR was up 35.6% year over year, despite a tough comp on Chinese New Year timing.
• InterContinental Hotels Group announced the recent signings of Crowne Plaza Shanghai Snow World and Shanghai Snow World Hotel, Vignette Collection. This is the first Vignette Collection hotel in Greater China.
• Macau’s Court of First Instance has officially declared the failed luxury hotel, THE 13, as bankrupt.

STR reported China hotel RevPAR data for the week ended February 4th. China hotel RevPAR was up 35.6% year over year, despite a tough comp on Chinese New Year timing (Feb 1, 2022 versus January 22, 2023). When compared with the same week in 2019 (CNY being on February 5), hotel RevPAR was up 30.2%. InterContinental […]