Procurement
Rates at InterContinental Hotels Group properties increased year over year by 2.8 percent in the fourth quarter of 2011
and by 2.5 percent
for the full year. For the quarter, rates in the Americas increased by 3.7
percent, in Europe by 0.8 percent, in China by 3.9 percent and in Asia, the
Middle East and Africa by 3.2 percent. IHG's group operating profit for the
quarter was $137 million, up from $110 million in the fourth quarter of 2010.