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The hotel industry is rediscovering its colors but lacks visibility

2021-08-10T15:57:33.141Z


The giants InterContinental, Marriott and Accor returned to profit during the first half of 2021. The hotel industry is gradually emerging from the crisis. As evidenced by the results presented for the first half of 2021 by the giants of the business. The latest, the British group InterContinental Hotels (IHG), which announced on Tuesday that it had returned to profit thanks to the improvement in attendance. The group posted a net profit of 48 million dollars over the period, against a loss of


The hotel industry is gradually emerging from the crisis.

As evidenced by the results presented for the first half of 2021 by the giants of the business.

The latest, the British group InterContinental Hotels (IHG), which announced on Tuesday that it had returned to profit thanks to the improvement in attendance.

The group posted a net profit of 48 million dollars over the period, against a loss of 210 million a year earlier.

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At the end of June, only 1% of its hotels, under the InterContinental, Holiday Inn and Crowne Plazas brands, were still closed.

"Activity improved significantly in the first half of 2021, with a strong rebound in demand for travel, given the rollout of vaccines, easing restrictions and rebounding economies,"

said Keith Barr. , Managing Director of IHG.

The sector has not yet gone out of business

This return to better fortune is in line with the improvement observed by its competitors.

The American Marriott International, world number one

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Source: lefigaro

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