IHG Hotels & Resorts' systemwide business transient room revenue rose 2 percent year over year during the first half of 2026, driven entirely by a 2 percent gain in average daily rate, the company reported Tuesday.
In the Americas region, business transient room revenue rose 3 percent year over year during the first half of 2026, again led entirely by rate growth of 3 percent.
IHG CEO Elie Maalouf said business travel in the United States, IHG's largest market, is being bolstered by "significant levels of private investment" going into the U.S. economy and building projects centered around AI, energy, manufacturing, microchip production and pharmaceuticals.
"All of that really creates an environment where we see business demand continuing to be strong as we go forward in the U.S.," Maalouf said.
First-half systemwide group room revenue rose 6 percent year over year, fueled by a 4 percent increase in ADR and a 2 percent rise in room nights. Americas group room revenue grew 10 percent year over year, with a 6 percent gain in ADR and a 4 percent bump in room nights.
IHG Q2 Metrics
Systemwide second-quarter RevPAR increased 3.5 percent year over year to $94.17, driven by a 3 percent rise in ADR to $135.25 and a bump of 0.3 percentage points in occupancy to 69.6 percent.
In the Americas, second-quarter RevPAR rose 5.4 percent year over year to $107.18. ADR increased 4.2 percent to $148.14, while occupancy rose 0.8 percentage points to 72.4 percent.
Across Europe, Middle East and Africa, second-quarter RevPAR ticked up 0.6 percent year over year to $109.06. ADR rose 1.6 percent to $152.42 and occupancy fell 0.6 percentage points to 71.6 percent.
"Even in a period when there were geopolitical challenges in a sub-region like the Middle East, which represents 5 percent of our global inventory, the other 95 percent performed very well against a favorable macro backdrop, underpinning demand for travel," Maalouf said.
In Greater China, second-quarter RevPAR increased 0.8 percent year over year to $40.25. ADR inched up 0.2 percent to $67.16 and occupancy bumped up 0.4 percentage points to 59.9 percent.
IHG's first-half revenue from reportable segments increased 6.8 percent year over year to $1.3 billion.
By the end of the second quarter, the company's global portfolio totaled 7,100 hotels, or more than 1 million rooms. Its pipeline as of June 30 totaled 2,385 hotels, or 348,000 rooms, up 3 percent year over year.
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