Holiday Inn 2005 Annual Report Download - page 11

Download and view the complete annual report

Please find page 11 of the 2005 Holiday Inn annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

InterContinental Hotels Group 2005 9
FIGURE 8
Americas Hotels Rooms
hotel and room count Change Change
at 31 December 2005 2005 over 2004 2005 over 2004
Analysed by brand:
InterContinental 45 115,328 240
Crowne Plaza 133 17 37,074 3,429
Holiday Inn 1,027 (47) 195,004 (10,496)
Holiday Inn Express 1,425 68 115,810 5,928
Staybridge Suites 87 89,915 726
Candlewood Suites 112 312,683 276
Hotel indigo 32497 357
Other brands 2(1) 295 (181)
Total 2,834 51 386,606 279
Analysed by ownership type:
Owned and leased 12 (16) 4,251 (5,591)
Managed 208 345,320 1,992
Franchised 2,614 64 337,035 3,878
Total 2,834 51 386,606 279
FIGURE 9
Hotels Rooms
Americas pipeline Change Change
at 31 December 2005 2005 over 2004 2005 over 2004
Analysed by brand:
InterContinental 733,705 1,841
Crowne Plaza 23 54,612 671
Holiday Inn 153 49 19,041 5,718
Holiday Inn Express 389 71 32,963 6,376
Staybridge Suites 79 27 8,195 2,843
Candlewood Suites 83 37 7,467 3,583
Hotel indigo 85882 494
Total 742 197 76,865 21,526
Analysed by ownership type:
Owned and leased 21574 154
Managed 13 13,941 1,117
Franchised 727 195 72,350 20,255
Total 742 197 76,865 21,526
Americas regional overheads increased to $62m from $50m in
2004, reflecting investment in additional development resources
and information technology.
Americas hotel and room count grew by a net 51 hotels (279
rooms) to 2,834 hotels (386,606 rooms) (see figure 8). 190 hotels
(22,043 rooms) entered the system and 139 hotels (21,764 rooms)
left the system. Of the removals, 83 hotels (16,188 rooms) were
Holiday Inn and 53 hotels (4,561 rooms) were Holiday Inn Express.
Of the removals nearly 60% were enforced by IHG as a result of
quality or financial concerns.
The Americas pipeline grew to record levels, 742 hotels (76,865
rooms), with 447 hotels (49,765 rooms) signing contracts during the
year to enter the system (see figure 9). Of these signings, 19,355
rooms were Holiday Inn Express.