Lodging
The average second-quarter rate at InterContinental Hotels Group properties worldwide increased by 3.8 percent year over year.
On average, they rose 4.7 percent in the Americas, 4.1 percent in greater China and 0.9 percent in Europe. Occupancy increased across all regions. IHG's operating profit for the quarter was $168 million, up from $157 million in the second quarter of 2011.