Holiday Inn 2007 Annual Report Download - page 4

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2IHG Annual Report and Financial Statements 2007
Highlights
RECORD NET ROOMS GROWTH
UP 5%BY 28,848ROOMS
TOTAL HOTELS OPEN UNDER IHG BRANDS
UP 208TO 3,949 HOTELS
RECORD SIGNINGS
UP 22%TO 125,533ROOMS
DEVELOPMENT PIPELINE
UP 43%TO 225,872ROOMS
REVENUE PER AVAILABLE ROOM‡
UP 7%
TOTAL GROSS REVENUE†
FROM ALL HOTELS IN IHG SYSTEM
UP 17%TO $18bn+
CONTINUING REVENUE
UP 12%TO £883m
CONTINUING OPERATING PROFIT*
UP 19%TO £237m
ADJUSTED CONTINUING EARNINGS PER SHARE
UP 23%TO 46.9p
SPECIAL DIVIDEND
£709mPAID
FINAL DIVIDEND
UP 12%TO 14.9p
‡ Total system room revenue divided by the number
of room nights available.
† Total room revenue from franchised hotels and total
hotel revenue from managed, owned and leased
hotels (not revenue attributable to IHG, as it is derived
mainly from hotels owned by third parties).
+ US dollars.
* Operating profit before exceptional items.
“2007 was a year of excellent progress
for IHG in which the Company recorded
strong growth in an expanding industry.
We opened and signed a record number
of hotels, and grew revenue per available
room (RevPAR) faster than the market
in all our major geographies. Our brands
are increasingly being chosen over those
of our competitors, by guests and by the
hotel owners with whom we partner.”
Andrew Cosslett
Chief Executive
David Webster
Chairman