(Reuters) -Holiday Inn proprietor Intercontinental Hotels Group (NYSE:) posted a 2.6% rise in first-quarter room income on Friday, helped by its efficiency in Japan, Australia, Europe and the Middle East.
“There was an impressive performance in EMEAA, which was up nearly 9%,” CEO Elie Maalouf stated in an announcement, referring to Europe, the UK, Australia, the Middle east and Japan.
Room income was up 16.9% in Japan, 10.2% in Australia, 7.4% within the Middle East and 6.2% increased in Continental Europe.
The proprietor of the Regent and Crowne Plaza lodge chains stated its occupancy was up 2 foundation factors and the gross system measurement progress was up 5%.