InterContinental Hotels Group experienced year-over-year growth in occupancy and average daily rate during the fourth quarter of 2014,

the company reported Tuesday. Occupancy at its 4,840 hotels was 66.2 percent, up from 64.1 percent during the fourth quarter of 2013, and ADR was $116.22, up from $114.36. In its 2014 year-end results, IHG reported 69.1 percent occupancy, the highest in the company's history, and an ADR of $115.96, a 2.7 percent year-over-year increase. The company's full-year net operating profit dipped to $651 million from $668 million in 2013.