Holiday Inn 2006 Annual Report Download - page 7

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In this section we present an overview of our business,
including our strategy, activities, resources and operating
environment. We also refer to significant developments and
present our operating and financial performance for 2006.
6 BUSINESS OVERVIEW
6 Market and competitive environment
6 Strategy
7 Business relationships
8 SIGNIFICANT DEVELOPMENTS
8 Investment with All Nippon Airways (ANA)
8 Key owned and leased assets
8 Asset disposal programme
8 Return of funds programme
8 Management and organisation
9 GROUP PERFORMANCE
9 Key performance indicators (KPIs)
9 Group results
10 Global room count and pipeline
10 Total gross revenues
10 Reservation systems and loyalty programme
11 THE AMERICAS
13 EUROPE, MIDDLE EAST AND AFRICA (EMEA)
14 ASIA PACIFIC
15 CENTRAL
15 CORPORATE INFORMATION
15 Other operating income and expenses
15 Net financing costs
15 Taxation
15 Gain on disposal of assets
15 Earnings
15 Dividends
15 Share price and market capitalisation
15 Cash flow
15 Capital structure and liquidity management
16 Treasury management
16 Pensions
16 Employees
17 Corporate social responsibility (CSR)
17 RISK MANAGEMENT
Operating and financial review
IHG Operating and financial review 5