InterContinental Hotels predicts full travel recovery by 2024

As air capacity comes back to China for international travel, there’ll be significant outbound travel

Feb 22, 2023

The hotel group, which owns 18 brands, has predicted a full recovery for travel worldwide by 2024, led by a strong US economy and the end of Covid-19 restrictions in China.

Key takeaways

  • With the recovery, leisure has come back at a higher volume globally than pre-pandemic;
  • In the US, IHG’s largest market, revpar was now above pre-pandemic levels;
  • The rise in profits can be attributed to higher room rates worldwide.

Get the full story at Yahoo! Finance and BTN

Related must-reads


Get our Daily Brief in your inbox

Consumers are changing the face of hospitality - from online shopping to personalized guest journeys and digitalized guest experiences ...
we've got you covered.

By submitting this form, you agree to receive email communication from and its partners.