UK news InterContinental Hotels shares fall as group faces 70% revenue plunge last news

MetiNews.Com - Holiday Inn and Crowne Plaza hotels group InterContinental is facing a 70% plunge in revenues for June, despite “small but steady improvements” in trading. The FTSE 100-listed company, which has an estate of 5,900 hotels, said the slide in revenues per available room compared with 82% in April and 76% in May during the peak of global Covid-19 lockdowns.

UK news InterContinental Hotels shares fall as group faces 70% revenue plunge last news

MetiNews.Com - Holiday Inn and Crowne Plaza hotels group InterContinental is facing a 70% plunge in revenues for June, despite “small but steady improvements” in trading. The FTSE 100-listed company, which has an estate of 5,900 hotels, said the slide in revenues per available room compared with 82% in April and 76% in May during the peak of global Covid-19 lockdowns.

UK news  InterContinental Hotels shares fall as group faces 70% revenue plunge last news
30 June 2020 - 07:40

Breaking News ! Holiday Inn and Crowne Plaza hotels group InterContinental is facing a 70% plunge in revenues for June, despite “small but steady improvements” in trading. The FTSE 100-listed company, which has an estate of 5,900 hotels, said the slide in revenues per available room compared with 82% in April and 76% in May during the peak of global Covid-19 lockdowns.

. Across the United States, where the majority of its rooms are located, occupancy levels have improved to about 40%.

Source = MetiNews.Com

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UK news InterContinental Hotels shares fall as group faces 70% revenue plunge last news


UK news InterContinental Hotels shares fall as group faces 70% revenue plunge last news


UK news InterContinental Hotels shares fall as group faces 70% revenue plunge last news


UK news InterContinental Hotels shares fall as group faces 70% revenue plunge last news

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