Strong Financial Performance
RevPAR grew by 3% for the year, driven by rate and occupancy gains, with a strong finish in Q4.
Record Room Growth and Pipeline
IHG added 59,000 rooms to its system, with gross system growth of 6.2% and net system growth of 4.3%. The company signed 106,000 rooms across 714 hotels, which is 34% ahead of 2023 levels.
Increase in Operating Profit and EPS
Fee margin grew 190 basis points, contributing to a 10% increase in operating profit from reportable segments. Adjusted EPS grew 15%.
Shareholder Returns
Completed an $800 million share buyback program and announced a new $900 million share buyback for 2025, expecting to return over $1.1 billion to shareholders.
Acquisition of Ruby Brand
Acquired the Ruby Urban Lifestyle brand for $116 million, extending the portfolio into the premium urban lifestyle segment.
Performance in Priority Growth Geographies
Record hotel signings and openings in Greater China and strong development momentum in the U.S.