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InterContinental Hotels Group has reported slower revenue growth, as a ⁠sharp decline in the Middle East offset gains in the United States and China.

The company, which owns hotel chains including Holiday Inn, Crowne Plaza and Hotel Indigo, reported global ⁠revenue per available room (RevPAR) growth of 3.5% in the three months ​to June, down from 4.4% in ‌the first quarter.

While there are ongoing impacts from the Middle ‌East conflict, including some wider disruption to international travel flows, we continue to expect these to be fully offset ​by growth in demand elsewhere.

From mid-June, there was also the benefit of strong growth in the FIFA World Cup match locations, which is estimated to have added approximately 1.0%pts to the Americas region RevPAR growth for Q2; there was some further benefit in July, which is expected to benefit Q3 to a lesser degree. It is estimated that the event will contribute approximately 0.4%pts to Americas RevPAR growth for the full year 2026.