Holiday Inn 2007 Annual Report Download - page 7

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BUSINESS REVIEW
The IHG brands and Business review 5
Business review
BUSINESS REVIEW
6Business overview
6Market and competitive environment
7Strategy
8Operating model
8Business relationships
9People
11 Corporate responsibility
12 Group performance
12 Group results
12 Total gross revenues
13 Global hotel and room count
13 Global pipeline
14 The Americas
16 Europe, Middle East and Africa
18 Asia Pacific
19 Central
20 Other financial information
20 Exceptional operating items
20 Net financial expenses
20 Taxation
20 Earnings per share
20 Dividends
20 Share price and market capitalisation
20 Cash flow
20 Capital structure and liquidity management
21 Asset disposal programme
21 Return of funds programme
22 Risk management
In this section we present an overview of our business, including
the markets in which we work, our strategy, activities, resources
and operating environment. We also describe the development
and financial performance of the business during 2007, main
trends and factors impacting the business, together with
environmental and employee matters.